First-time buyers are re-emerging in the housing market this year, after the impact of the coronavirus pandemic meant their plans were put on hold in 2020 says Zoopla.
The increase could add to the upward pressure on property prices climbing higher as demand for homes outweighs supply.
Zoopla said the share of first-time buyers purchasing properties dipped to its lowest levels since 2016 last year.
Their numbers now appear to be on the increase, with a 5% increase in demand in the first six weeks of 2021 compared with towards the end of 2020.
Zoopla defined demand as people who are actively viewing and engaged in finding out more about property on its website reports PA.
The share of first-time buyers across the UK reached its lowest level since 2016 last year, accounting for 31% of sales, down from a peak of 35% in 2018, according to Zoopla’s calculations.
It said sales agreed for properties priced between £100,000 and £150,000, a sector of the market where first-time buyers are typically more active, have recently increased.
