01.02.2013 - U.K: First-time buyer shortage a concern, says Nationwide
A lack of first-time house buyers in the UK is a "cause for concern", the Nationwide Building Society has said. Its comments came as it said house prices in January were unchanged from a year earlier, although they had risen by 0.5% compared with the month before. It said that there were 20,000 first-time buyers a month now compared with 32,000 before the financial crisis. Housing charity Shelter said that rising rents were preventing people from saving to buy their own property...............................................Full Article: Source
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