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The Independent UK
The Independent UK
Business
Vicky Shaw

Wondering if you’ll ever be able to buy your first home? These expert tips could help

With mortgage rates jumping and house prices already having soared, aspiring first-time buyers face an uphill battle to get onto the property ladder.

The Bank of England hiked the base rate by 0.5 percentage points to 1.75% in August – the biggest single rate jump since 1995 – meaning would-be first-time buyers may have higher monthly mortgage costs than they had previously budgeted for.

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