Metadata about: This isn’t correct. Labour says Mr Starmer was referring to deposits increasing by £9,000 instead. The £9,000 figure is based on a consultancy estimate which appears to project the extra savings required for a “typical” first-time buyer’s deposit by 2030. The English Housing Survey found the average deposit for a first-time buyer in 2021/22 was around £44,000, and other estimates are higher.

About: This isnât correct. Labour says Mr Starmer was referring to deposits increasing by Â£9,000 instead. The Â£9,000 figure is based on a consultancy estimate which appears to project the extra savings required for a âtypicalâ first-time buyerâs deposit by 2030. The English Housing Survey found the average deposit for a first-time buyer in 2021/22 was around Â£44,000, and other estimates are higher. Permalink

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