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Purplebricks plc

First-time buyer figures figures up across the UK

The latest regional figures from UK Finance reveal that first-time buyer lending has seen an annual rise across all regions of the UK.

In Q2, there were 9,960 new first-time buyer mortgages completed in London, 1.9% higher than in Q2 2018.

First-time buyer figures have seen an annual rise of 6.3% in Wales, 4.1% in Northern Ireland, and 3.5% in Scotland – the highest number of first-time buyer completions since Q2 2017.

Purplebricks Group plc (LON:PURP) engages in estate agency business in the United Kingdom, it provides services relating to the sale of properties.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.