Average mortgage for UK first-time buyer hits record high of £210,800

The GuardianMonday, December 15, 2025 at 12:01:15 AM
Average mortgage for UK first-time buyer hits record high of £210,800
  • First-time buyers in the UK are now borrowing an average of £210,800 for their mortgages, marking a record high as of September 2025. This increase is attributed to rising wages and more lenient affordability tests, enabling buyers to access homes that were previously out of reach.
  • The surge in mortgage amounts reflects a significant shift in the housing market, where first-time buyers are increasingly empowered to make larger purchases. This trend indicates a growing confidence among consumers and a potential recovery in the housing sector.
  • The potential easing of borrowing costs in the UK, as suggested by recent analyses, may further enhance this trend. As the government’s fiscal strategy gains confidence, the reduction in borrowing premiums compared to other major countries could facilitate even greater access to homeownership for first-time buyers.
— via World Pulse Now AI Editorial System

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