questionText: To ask the Secretary of State for Housing, Communities and Local Government, what information his Department holds on the average deposit paid by (a) all first time buyers and (b) first time buyers using shared ownership schemes in 2024.
answerText: According to the English Housing Survey, the average (mean) deposit of a first-time buyer in 2023-24 was £55,372 (£32,700 median). Further information can be found in the English Housing Survey statistical publication on gov.uk here.In 2023-24, the mean c...
heading: First Time Buyers