The latest statistics from the UK indicate that first-time home buyers are at their lowest point in 27 years. According to Halifax, the nation’s largest mortgage lender, there were only about 300,000 first time home buyers in 2007 in the UK, some 15,000 less than in 2006. That’s the lowest number of first-time home buyers since 1980. The average price that these first time buyers paid for their homes went up by 15% from the previous year, to £175,093.
According to Halifax’ chief economist, Martin Ellis, the age of first time buyers is growing along with the prices. “When they do enter the market,” Ellis noted, “first-time buyers are now more likely to be in their 30s rather than their 20s and buy a flat rather than a terraced house.”

The latest statistics from the UK indicate that first-time home buyers are at their lowest point in 27 years. According to Halifax, the nation’s largest mortgage lender, there were only about 300,000 first time home buyers in 2007 in the UK, some 15,000 less than in 2006. That’s the lowest number of first-time home buyers since 1980. The average price that these first time buyers paid for their homes went up by 15% from the previous year, to £175,093.

The latest statistics from the UK indicate that first-time home buyers are at their lowest point in 27 years. According to Halifax, the nation’s largest mortgage lender, there were only about 300,000 first time home buyers in 2007 in the UK, some 15,000 less than in 2006. That’s the lowest number of first-time home buyers since 1980. The average price that these first time buyers paid for their homes went up by 15% from the previous year, to £175,093.
According to Halifax’ chief economist, Martin Ellis, the age of first time buyers is growing along with the prices. “When they do enter the market,” Ellis noted, “first-time buyers are now more likely to be in their 30s rather than their 20s and buy a flat rather than a terraced house.”

The latest statistics from the UK indicate that first-time home buyers are at their lowest point in 27 years. According to Halifax, the nation’s largest mortgage lender, there were only about 300,000 first time home buyers in 2007 in the UK, some 15,000 less than in 2006. That’s the lowest number of first-time home buyers since 1980. The average price that these first time buyers paid for their homes went up by 15% from the previous year, to £175,093.

The Whitsunday Islands, off of the eastern coast of Australia are becoming increasingly popular for tourists, sun seekers and celebrities alike. With the onset of winter up north, and summer down under, this is the time of year for a trip these spectacular islands. A total of 74 islands make up this chain at the southern end of the Great Barrier Reef, with plenty to offer everyone from the brightest stars to those who just want an inexpensive place to relax in the sun.

The Whitsunday Islands, off of the eastern coast of Australia are becoming increasingly popular for tourists, sun seekers and celebrities alike. With the onset of winter up north, and summer down under, this is the time of year for a trip these spectacular islands. A total of 74 islands make up this chain at the southern end of the Great Barrier Reef, with plenty to offer everyone from the brightest stars to those who just want an inexpensive place to relax in the sun.