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Home Community London first-time buyers need to save for almost nine years to get on the housing ladder

London first-time buyers need to save for almost nine years to get on the housing ladder

by News Room
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It would take a London FTB twice as long to save for their first home compared to someone in the north east of England, where Rellymoving estimated it would take 55 months to save the requisite £14,962 on a local average salary.

If a FTB could find a romantic partner, friend or sibling also earning the average wage to buy with they could, of course, halve this time.

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