On average, these buyers spent £383,070 on their first home, compared with an average of £526,600 for a first-time buyer purchasing in the capital.
28% of ‘London leavers’ purchasing homes are first-time buyers, analysis finds
Related Insights:
- Average UK first-time buyer is now older than 30, says Halifax
- UK house buyers ‘left powerless’ as mortgage deals hang in balance
- First-time buyers using help-to-buy scheme must reserve property by end of October
- Tired of life? No, just tired of London: record £55bn spent buying homes outside the capital
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