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flag UK first-time homebuyers drop 22% amid high interest rates.

flag In the UK, first-time homebuyers dropped 22% to 186,015 between January and August 2026 due to high interest rates, though they still accounted for 53% of all home loans. flag While average prices dipped 2% and deposits fell 12%, buyers are now spending 5.1 times their income on a home, up from 5.8 times a year earlier. flag The average buyer is now 32 years old, and the market remains mixed with cautious optimism.

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