When you’re seeking to purchase your first residence quickly, there are most likely a lot of belongings you wish to know in regards to the shopping for course of and what’s concerned, in addition to how a lot your new house is prone to price.
Proper now, the nationwide common asking worth of a first-time purchaser house is £229,648, which is round 0.7% larger than this time a 12 months in the past. That is in comparison with the 1.6% worth development for second-stepper properties, and 1.5% for top-of-the-ladder properties for the reason that identical interval in 2024. Nevertheless, common costs fluctuate by area, so you possibly can test our newest Home Worth Index to see what the traits are in your native space.
It’s also possible to check out the kind of properties can you purchase for the common first-time purchaser asking worth under.
