Information for Homeowners

A First Time Buyer (FTB) is a term used in the British property market for a potential house buyer with no previous property. This makes the buyer more desirable to a seller as he does not have to sell a previous house, and so will not involve a housing chain.

In recent years in the UK the number of First Time Buyers as a proportion of the market has declined, which many property bears claim is a sign of weakness, FTBs being "priced out of the market" by escalating house prices.