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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

UK first-time buyers in best position to snap up property in a decade, data shows

Halifax United Kingdom Anthony Codling Nationwide
Houses in the pretty fishing village of Polperro in Cornwall.
Houses in Polperro, south-east Cornwall. Annual house price growth slowed to a 0.7% increase, down from a 1.9% rise in October.
 Photograph: Chris Harris/Alamy

Buyers attempting to get on to the property ladder in the UK have received a lift, after figures from Halifax showed they are in the best position to snap up a home in a decade.

Britain’s biggest mortgage lender said that the average price of a UK property hit a record high of £299,892 in November, after a marginal month-on-month rise.

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