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The average home deposit for first-time buyers in London is set to hit nearly £250,000 within 10 years

The average first-time homebuyer deposit in London could soar to an eye-watering £250,000 within a decade — a 75% rise. The data reflects the growing difficulties first-time buyers in London face trying to get onto the property ladder. LONDON — The average first-time buyer deposit in London could soar to an eye-watering £250,000 within a decade, according to new research from broker L&C Mortgages.
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