Survey reveals how much deposit the average first-time buyer in Yorkshire needs

A record 174 new rural affordable homes were built in north and east Yorkshire in the last 12 months, bringing the total to 750 in six years.

First-time buyers now make up nearly half of all house purchases financed by mortgages, a new study has revealed. Picture: Lauren Hurley/PA Wire

It means the North and East Yorkshire Rural Housing Enabler Network and its partners exceeded their annual target of 100 homes.

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Of the 174 homes built, 31 were in National Parks, 155 for rent and the remaining 19 for low-cost home ownership.

Coun Richard Foster, chairman of the network, said: “I am very pleased to see such a large number of new rural affordable homes delivered this year. In future years, we hope to see additional new homes delivered by communities themselves.”