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First-time buyers in best position for a decade, says Halifax

December 06, 2025

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The Guardian

Those attempting to get on the UK property ladder are in the best position to buy a home in a decade, figures from Halifax show.

- Mark Sweney

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. However, Halifax said when property prices were compared with average incomes, affordability was at its strongest since late 2015.

The lender added that taking into account interest rates - the average two-year fixed mortgage rate is 4.85%, according to Moneyfacts - mortgage costs as a share of income were at their lowest in three years.

المزيد من القصص من The Guardian

The Guardian

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