Four out of ten starters bought first house alone, despite higher prices

Four out of ten starters bought first house alone, despite higher prices

The House Prices Increased by More than 8 percent Last year, But Starters Are Not Deterred: Their MortGage Applications Increased by Almost 30 percent in recent months. It is striking that more and more starters are buying their first home alone.

Almost Four in Ten Starters Bought Their First Home Alone in The Months Of July, August and September, Accordination to the latest Figures from De Hypotheker. This is of Possible Thanks to Support From Parents. “For Example, A Family MortGage Can Help As A Supplement to Your MortGage When Buying Your First Home,” Says Boudewijn de Jong, MortGage Advisor at De Hypotheker Rotterdam.

Because young and more young people are buying alone, The Demand for Smaller Homes is growing. It is Emphatically About Smaller, Affordable Homes, Says de Jong. “It is Therefore Crucial That Extra Attention is paid to this in Expanding the Housing Supply.”

In The Third Quarter of This Year, The Total Number of MortGage Applications Increased by 21 percent Compared to a Year Earlier. Starters are Mostly Responsible for this, followed by people aged 55 and over. More than Three-Quarters of Buyers Up to 35 Years Old Entered the Housing Market for the First Time.

The Average MortGage Amount for Starters is Now More than 351,000 euros, 4 percent higher than in the months of April, May and June. The Amounts Increased particularly significantly in Limburg, Zeeland and Flevoland.

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