Anyone looking to get on the property ladder in the near future may be wondering how much they'll need to save, and how long it might take them.
Recent reports indicate that first-time buyers are facing the toughest conditions for purchasing a home in the last 70 years.
With this daunting reality in mind, Mojo Mortgages have analysed mortgage applications between April 2022 and 2024 to reveal the average age of first-time buyers across the UK, showing regional differences and each area's typical deposit amounts.
The data shows that across the UK, the average age of a first-time buyer is 33 years and 8 months, which reflects the increasing difficulties young adults are facing in saving for their first home.
Read more on manchestereveningnews.co.uk
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