New data has painted a confusing picture of the first time buyer housing market.
The Council of Mortgage Lenders (CML), has released figures which show the number of first time buyers rose by 41% in July 2013, compared to the same time last year. In contrast, research from insurer LV=, formerly known as Liverpool Victoria, has shown many people of first time buyer age are happy to continue to rent.
First time buyers on the rise
The CML data shows a total ...