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First time buyers are willing to buy on average around 26 minutes away from their preferred location, according to new research.

More than two thirds (70%) of those surveyed by the Post Office said that they would be willing to travel further to find their perfect home.

Sixteen per cent said they didn’t have to change their expectations when buying, while five per cent said they had compromised on a garden, and three per cent were flexible when it came to a property having a parking space.

 

Only 4 per cent of the first-time buyers questioned said they had taken on property that needed structural work.