How far would you move to find the perfect first-time buyer deal? According to our research, people in Lancashire have won the jackpot: Pendle has emerged as the best place in the country to buy your first home, and Burnley and Hyndburn round out the top three.
We asked first-time buyers what the most important factors were to them when choosing a home and put together a ranking system based on four key metrics. These were the average cost of a first-time buyer home; the percentage difference in cost between a first property and subsequent properties; average salary in the local area, and finally that areaâ€™s unemployment rate.
With the typical first house costing just Â£87,769, Pendle is among the most affordable places in the country. A subsequent home costs only 27% more on average than the first, making life easier for second steppers with growing families, while average salaries and employment rates are also strong.
Taken as a whole, the North of England is the clear winner: with all four metrics taken into consideration, itâ€™s decidedly first-time buyer-friendlier than the Midlands and the South.
Using our rankings, weâ€™ve created a map showing Britainâ€™s most attractive places for first-time buyers, along with graphs that show how well each locality performs.
Is your hometown among them, and would you consider moving further afield to bag a better deal?