You are a member of social group 20-35year olds in a country town. The group meets regularly and tries to mix social activities with informative seminars . One topic of conversation which come up regularly is the challenge of buying a home in the current market, and the group leader has suggested that the next seminar should be around this topic. You have volunteering to run the seminar and provide a short report and video to support the event.

Required:

addressing the following issues :

Identify the key challenges for young people seeking to buy their first home in England

Highlight the main features of schemes available to help people save to buy a house in England

Evaluate the state of the property market including average prices, price changes, level of availability of property etc, recognising regional variations

Paula and Simon, both aged 32, living in the South West of England, have saved a deposit of 22,000, and have joint income of 60,000pa. Use their case to demonstrate what kind of property they might be able to purchase, the mortgage options available to them and how much their purchase and monthly mortgage costs might be for your preferred mortgage option.

You should include an appendix with a list of relevant internet resources to help people with the issues raised.