Former first-time buyers ‘face biggest gap on record to trade up to next home’

The massive £73,000 price gap stopping people from climbing the property ladder

The average asking price for a typical first-time buyer property is currently around £226,955

Former first-time buyers ‘face biggest gap on record to trade up to next home’

Rightmove found a 52% typical asking price gap between first-time buyer and second stepper homes, the biggest since its records started in 2001.

FTBs face near-record bills to trade up, says Rightmove

First-time buyers looking to buy a second home face near-record bills to do so, according to Rightmove research. Rightmove said the typical first-time buyer home with two or fewer bedrooms cost £226,955 in March 2026. But to move up one rung on the property ladder…The post FTBs face near-record bills to trade up, says Rightmove appeared first on Mortgage Strategy.

Record gap between first-time buyer homes and second-steppers - BuyAssociation Group

The latest analysis from Rightmove reveals the price gap between a typical first-time buyer (FTB) home and a second-stepper property has reached its widest level on record. As FTBs are key drivers of the housing market, this has a knock-on effect all the way up the housing ladder, especially in areas where affordability is already stretched, and the gaps are at their widest. In March, the average asking price for a 0–2 bedroom first-time buyer h…