Noticed with interest that a town local to us here in the North East, Middlesbrough, gets a mention for not recovering as quickly as other areas in the country. A mortgage is  a very big commitment no matter where you live especially in light of the news today about the 'Bank of Mum and Dad' predicted lending of  almost 5 billion pounds in 2016. This works out at 25% of all mortgage transactions. It's also worth remembering the government's 'Help To ISA'. Details of how it can work for first time buyers over on the blog >> http://www.tbilaw.co.uk/site/blog/family-matters-blog/how-does-the-help-to-buy-isa-work