Costs for first-time buyers increases by two thirds in a decade

Costs for first-time buyers increases by two thirds in a decade

Property prices for first-time buyers in the UK have increased by 69% in the past decade, with the average price rising from £142,473 in 2010 to £241,025 today, according to the latest data from Halifax.

In London, the average first-time buyer property has nearly doubled in price (up 98%) to £463,536, with prices in the South East increasing by 73% to £303,838, and the East Midlands up 68% to £187,525. Halifax says that this compares to an average 60% rise for all buyer types.
To read more about this story please click here
Source: Property Wire


Get in touch with us

Recent data shows homes are taking longer to sell than 18 months ago, with only around half achieving a sale. Realistic pricing from day one is crucial to attract interest, maintain momentum, and avoid delays or reductions, ensuring a smoother, more successful sale in today’s market.

An exceptional 4-bedroom barn conversion offering dramatic vaulted living space and adaptable accommodation. Stylish Aga kitchen, versatile reception rooms, offering flexible living all set on 2 acres with a Triple Bay Garage and breath taking panoramic Norfolk countryside views.

A stylish modern end of terrace family home offering fresh contemporary living, stylish re-fitted bathroom and cloakroom suites, updated internal and external doors, a sleek kitchen/diner with garden access, and a spacious lounge—an inviting move-in-ready home, ideal for relaxed, modern family life.

Thinking of renting out your home? With major rental reforms arriving in 2026, the days of private, informal lettings are over. Here’s what every homeowner needs to know to stay compliant, protected and prepared.