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Evening Standard
Evening Standard
Vicky Shaw

Former first-time buyers ‘face biggest gap on record to trade up to next home’

The gap between first-time buyer and second-stepper homes is widening - (Matt Writtle)

People who have bought their first home are facing the biggest step in at least a quarter of a century to climb on to the second rung of the property ladder, according to Rightmove.

The average price tag on a typical first-time buyer home with two bedrooms or fewer in March is £226,955, the website said.

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