Despite turmoil in the housing market Kent’s first-time buyers could find themselves in a win-win situation, with property prices decreasing and interest rates unlikely to rise much, according to leading estate agent Paul Tilley of Kent-based Greyfox.

"New Government equity loan schemes introduced this year and extended beyond key workers also give first-time buyers more purchasing power by as much as 50 per cent," said Mr Tilley.

"Although banks and building societies are reported to be more cautious, our mortgage advice centre is still registering fair market deals."

He added: "We are experiencing heightened interest in ideal first-time homes and we’re aware of building developers looking to offload surplus stock.

"All of this activity indicates first-time buyers now have an advantage to buy at lower prices than in recent years."

Mr Tilley, a fellow of the National Association of Estate Agents, has more than two decades of experience as an estate agent in the Kent market.

He says first-time buyers could be the key to keeping the county’s housing market moving, albeit gently.

"Those looking to sell ideal first-time homes should at least test the market as they might be surprised at the level of interest in their properties," he said.

For more information and advice, contact Paul Tilley at Greyfox Estate Agents on 01634 864440 or email paul@greyfox.co.uk