90%
First-time buyers in England face an average cost of £247,147 in order to secure their first home, according to research by GetAgent (www.getagent.co.uk). Second steppers can expect to pay an estimated £45,881 on top. The third rung is on average an additional £33,035, while the largest gap is found when taking the fourth step, equating to an increase of £184,137 over the cost of your third home. However, downsizers typically pocket £256,630 when buying a smaller house.