Property prices outpace what first-time buyers can afford

Hannah Nemeth

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In the past four years, the average price paid across England by first-time buyers has risen by £42,451, with first-time buyers paying, on average, just over £196,000 to buy their first property, new research has revealed.

In the past four years, the average price paid across England by first-time buyers has risen by £42,451, with first-time buyers paying, on average, just over £196,000 to buy their first property, new research has revealed.

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Source Moneywise http://ift.tt/2a1yfoF