Meaning of “first-time buyer” in the English Dictionary

british dictionary

"first-time buyer" in Business English

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first-time buyernoun [ C ]

uk us

PROPERTY a person who is buying a house or apartment for the first time:

Mortgage payments for first-time buyers are around 35% of take-home pay.
First-time buyers are being priced out of the market.

(Definition of “first-time buyer” from the Cambridge Business English Dictionary © Cambridge University Press)