First time home buyers need £53k cash deposit as house prices march higher
by Joe Middleton
Feb 07, 2024
2 minutes
First time buyers need to find more than £50,000 for a deposit, new figures reveal, as the country’s housing crisis shows little sign of abating.
In its latest housing index, lender Halifax said that the average house price jumped by £3,785 month on month in January - which is the fourth month in a row of increases.
The price increase takes the average house price to
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