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.
Average house price (according to the Office for National Statistics): £195,000
An ‘affordable’ property is defined…
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