Halifax looked at mortgage approval data to calculate the findings, looking at the areas of Britain, excluding London, where first-time buyers account for the biggest proportions of home sales.
It estimated that in Manchester, first-time buyers accounted for three-quarters (75 per cent) of home purchases with a mortgage last year, up from just under two-thirds (65pc) in 2020.
With its music, arts and cultural scene, a vibrant shopping centre and leafy suburbs, Manchester has a wealth of attractions for people looking to move to the city. Halifax said that a combination of relatively affordable housing, a strong jobs market, transport links and ongoing urban regeneration make it an attractive location for many first-time buyers.
The average first-time buyer property price is £212,891, which is around £35,000 below the average across Britain - excluding London, according to Halifax.
Denne historien er fra September 03, 2024-utgaven av Manchester Evening News.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra September 03, 2024-utgaven av Manchester Evening News.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Pep facing the age-old problem of building next City generation
PEP Guardiola isn’t daring to think about a winning run that could mastermind a sensational turnaround in City’s form. He simply wants a win.
Lancs lord it up as fixtures revealed
LANCASHIRE’S bid to return to the top flight of the Rothesay County Championship will start at Lord’s as they visit Middlesex on the opening day.
A Leny for your thoughts... Yoro's return to fitness a gift for new boss
UNITED did not get off to the dream start under Ruben Amorim but the Portuguese will at least have a better understanding of the task at hand.
Root salutes his mentor Thorpe
JOE Root hopes England and New Zealand can provide a \"humdinger\" of a series in honour of the late Graham Thorpe and Kiwi great Martin Crowe.
Peer warns of impact of 'dying bill' on courts
A FORMER Lord Chief Justice has said that \"no-one has grappled with the detail\" of the impact that assisted dying legislation could have on the court system.
Record number of drones target Ukraine - report
RUSSIA launched 188 drones against most regions of Ukraine in a nighttime blitz, the Ukrainian air force said yesterday, describing it as a record number of drones deployed in a single attack.
Parking firms' bonanza Oldest man dies at 112
DRIVERS are being handed an average of more than 41,000 parking tickets a day by private companies in Britain, figures show, sparking calls for major reforms to how the sector is managed.
Rod Stewart 'proud' to play Glastonbury legends slot
SIR Rod Stewart said he is “more than able to take the stage again to pleasure and titillate” as he was announced for the legends slot at Glastonbury next year.
GMP seize most dogs after XL bullies banned
FORCE TOPS LEAGUE WITH 1,000 DOGS IMPOUNDED IN ONE YEAR
Man's river death was accident, says coroner
A MAN who was found dead in a river two weeks after going missing died accidentally, a coroner has ruled.
