First-time buyer mortgage in the UK 2022-2023, by region

Published by Statista Research Department, Mar 6, 2024

The first-time buyer average mortgage increased across all regions in the United Kingdom in 2023. London had the largest average mortgage size at over 383,386 British pounds. This was because it was also the region with the most expensive hosing.

Average mortgage of first-time buyers in the United Kingdom (UK) from 2022 to 2023, by region (in GBP)

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Release date

February 2024

Region

United Kingdom

Survey time period

2022 to 2023

Supplementary notes

The figures have been calculated by Statista using data from Halifax First-Time Buyer Review.
The average mortgage size equals the average house price minus the average deposit.

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