The proportion of first time buyers drop to the lowest level for twelve months according to the National Association of Estate Agents (NAEA).
The monthly market survey of the NAEA members found that in November, only 19% of registered buyers were FTBs, the lowest since December 2008 when levels plummeted to 11%.
This figure pales in comparison to six months ago when 43% of the market was made up of FTBs.