First-time buyers helped by falling house prices: where is it now easier to get on the ladder? – Telegraph.co.uk

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First-time buyers helped by falling house prices: where is it now easier to get on the ladder? – Telegraph.co.uk


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Young people are now finding it easier to get on to the property ladder, as wages rise and house price falls make more homes affordable for first-time buyers

While house prices are falling in some parts of Britain, the average income of a first-time buyer has jumped by 1.2pc to £48,289, according to new research from Post Office Money. 

This means that over half of homes in Britain (56pc) are considered ‘affordable’ for first-time buyers. Here are the places where it is now easier for young people to get a first foothold on the property ladder. 

Biggest improvers

Ipswich, Suffolk

Average house price (according to the Office for National Statistics): £195,000 

An ‘affordable’ property is defined…

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