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‘First-time buyers have arguably never had it tougher’

First-time buyers are facing house prices that have climbed faster than the wider market in eight areas, new research reveals.

The findings from part-own-part-rent provider Wayhome show how difficult it has become in some places for people to get onto the housing ladder.

In East Suffolk, the average cost of a first home has increased by 36.8% since 2017, 1.9% more than the rate of growth seen across the market.

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