Does your next property move feel tougher? Well it might be because gap between a first home and the next step up is now at a record 52%.. that’s roughly £𝟭𝟭𝟴𝗸 𝗺𝗼𝗿𝗲 on average. And it’s not just the price 👇🏼 - first home deposit ≈ £45k - next step up ≈ £69k That extra ~£24k has to come from equity, savings… or both. A big reason for this? Flats (where most people start) haven’t grown in value as much as houses 👉🏼 making it harder to build the equity needed to move up. So what can you actually do about it? ✔️ build equity (even small overpayments help) ✔️ be flexible on location ✔️ consider stepping up in stages instead of one big jump The reality is… moving up is 𝘀𝘁𝗶𝗹𝗹 𝗱𝗼𝗮𝗯𝗹𝗲. It just takes a bit more planning than it used to.

Posted by Rob Peters at 2026-04-13 08:03:25 UTC