London Home Prices Out of Reach for First-Time Buyers

The video discusses the challenges faced by first-time home buyers in the UK, particularly in London, where high deposit requirements are pricing them out of the market. It highlights the impact of mortgage rates and the cost of living crisis on housing affordability. The video also touches on the slowdown in property transactions and the resilience of housing prices despite reduced deal volumes.

What challenges are first-time home buyers facing in London according to the text?

How has the number of home buyers in London changed compared to a decade ago?

What does the term 'London exceptionalism' refer to in the context of the housing market?

What factors are contributing to first-time home buyers reassessing their mortgage options?

What does the text suggest about the resilience of housing prices despite a slowdown in transactions?