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First-time buyers up by a fifth - and older than they were 10 years ago, Halifax says

The number of first-time home buyers in the UK rose by 19% in 2024 compared to 2023, according to data from Halifax.
On average, first-time buyers in 2024 were 33 years old and paid a deposit of £61,090 for a home valued at £311,034.
While Halifax expects modest house price growth in 2025, the upcoming stamp duty threshold reductions may make it more difficult for first-time buyers in the short term.

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