Future buyers born in 2019 face paying over £1.2 million for their first home

People born today are set to have to pay £1.2 million for their first home in the UK at the age of 34, and £4.5 million if they live in London, new research has found. The study from letting and sales agents, Benham and Reeves, looked at historic first time buyer property price data from the Land Registry and how this had changed month to month across each UK region and London borough.

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