London first-time buyers: 63% buying jointly as house prices, deposits and interest rates remain high

Almost two-thirds of first-time buyers are now teaming up with a partner, sibling or friend to get a foot on the property ladder after a decade where deposits and house prices have risen significantly.

This is a stark change from 2016 when sole first-time buyers were in the majority, accounting for 52 per cent of those who bought, according to Halifax research.