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Principality annual results announced for 2013 in Wales

Wales' largest building society, the Principality, announced that last year they lent more than a billion pounds in mortgages - an encouraging sign that first-time buyers are getting a bigger slice of the housing market.

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First time buyers 'critical' to Wales' housing market

Graeme Yorston from The Principality Building Society says first time buyers are 'critical' to Wales' housing market.

Wales' biggest building society will be announcing its annual results later. It is thought the results will be positive, led by an increase in the number of first time buyers.

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