Mapped: The cheapest area to buy your first home

Last year, the number of first-time buyers in the UK increased by 19% to reach 341,068, as reported by Halifax. Despite this growth, it was lower than the 2022 figure of 369,870, with an average deposit of £61,090 for homes worth £311,034. The average age of first-time buyers is now 33, up from 31 a decade ago, with the youngest in the Shetland Islands at 27 and the oldest in Slough and Sutton at 38, five years above the national average.

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