Or 352,980 (to be exact) first-time buyers mortgages have been issued over the past year. First-time buyers now account for over half (50.7%) of all new homemover mortgages (UK Finance). During 2020 the number of first time buyers actually increased to around 300,000 despite the pandemic restrictions of Covid 19 and tight hold on cash flow for some people, lack of jobs and risk of redundancy. The data provided also conveys that this section of the housing market make up at least 50% of mortgages approved and a similar picture for 2019.