Trumpo discovers that deals are now being done on new homes with house builders.

First time buyers are starting to benefit from a slowing housing market with the average value of new homes down 1.2% in the last three months. The hard facts of today’s property market is still scary. If you want to buy a new home as a first time buyer you need to be earning approx £60,000 based on a mortgage of 4 x salary with a 5% Deposit - gobsmacking!

This only relates to a new home. An average home in the UK will cost around £150,000 so £35,000 a year will get you on the property ladder. You won’t be able to eat or go out, but you can own your own home.

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