Leicestershire town on list of hottest spots for first-time buyers in Britain

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Britain's top first-time buyer hotspots outside London include a location in Leicestershire, according to analysis of mortgage lending data by a major bank.

Halifax looked at mortgage approval data to calculate the findings, looking at the areas of Britain, excluding the capital, where first-time buyers account for the biggest proportions of home sales.

It estimated that in Manchester - which claimed the top spot - first-time buyers accounted for three-quarters (75%) of home purchases with a mortgage last year, up from just under two-thirds (65%) in 2020. The average price of first-time buyer homes in the major city was found to be £212,891.

And just three places below the north west city, in the fourth spot, was Oadby. Researchers found that first-time buyers accounted for just under three-quarters (72%), and that the average price of first-time buyer homes in the Leicestershire town was

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