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Average deposit for a house passes £80,000

The average deposit needed for a UK home has exceeded £80,000 for the first time, figures from the Mortgage Advice Bureau show.

Data for December show buyers paid an average deposit of £81,721, up 15% from a year earlier.

The average loan-to-value ratio fell to 68.2%, down 1.1 percentage point and the lowest level since June 2010.

Click here for the full Times article (£)

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