Demand for property from new buyers entering the market has maintained pressure on house prices rising 2.6% for the year.
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Demand for property from new buyers entering the market has maintained pressure on house prices rising 2.6% for the year.
Second steppers looking for larger homes are driving the price of three and four bedroom properties to new record high prices.
Property prices for first time buyers in London rise by 98% over the decade and deposits are more than double the national average.
Homebuyers are more reliant than ever on the bank of mum and dad funding nearly a quarter of all housing transactions.