Quarter of debut homes now £500k

22nd December 2017

A record number of first time buyers need at least £500,000 to get onto the housing ladder in London, new research reveals. So far this year 25..9% of the homes bought by debut buyers in London have been at or above the half a million pound mark, according to analysis of mortgage lending - compared with just 8% only five years ago

Evening Standard (15/12/2017)