First TIme Buyers look abroad

With UK house prices out of the reach of many first time buyers in the UK. There is an increasing trend for first time buyers looking at the possiblity of buying abroad. House prices on the continent are significantly cheaper and offer a way to get on the property ladder. In some countries house prices have been rising sharply in recent years.

However it is worth remembering that housing market in other countries is not driven by the same home ownership culture. In France and Germany renting a house is more popular. Also there is not the same shortage of supply, therefore it is less likely that house prices will perform the same as in the UK.

See first time buyers at the Times