First Time Buyers are back in the market.

It was announced that First-time buyers were back in the market thanks to the cut in Stamp Duty at the budget, more stable house prices and low mortgage rates.

Commenting on yesterday’s figures from HMRC, Nick Chadbourne, chief executive of LMS, said: “January saw steady improvement in the housing market according to HMRC’s latest figures.

“Record numbers of first-time buyers are helping to drive activity and 2017 saw the highest number of first-time buyers returning to the property market.

“Help-to-buy, affable interest rates and the Chancellor’s recent easing of Stamp Duty have all helped first-time buyers make their first step on the property ladder.