Gap between a first property and a family home widens

The UK could be facing a 'second stepper' housing crisis, experts have warned, as the cost of moving to a family-sized home continues to rise. Land Registry data analysed by modular housebuilder Project Etopia shows that the price gap between the first and second rung of the UK property ladder has more than doubled since the financial crisis - and in some towns is as much as a 56% increase. Second steppers are those who currently live in their first home but are looking to move onto the next step of the ladder – often because their family is growing and they need more space.

Daily Mirror (13/03/2020)   Daily Mail (13/03/2020)

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