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The financial information firm found that one in ten households in the Buckinghamshire town is a first-time buyer.
The town, which was established in 1967 and has a population of around 245,000, came out ahead of other first-time buyer hotspots Dartford, Swindon, Slough, Aldershot, Basingstoke and Crawley.
With high house prices and a squeeze on mortgage lending, thousands of people struggle to get on the property ladder – especially when deposits are higher than ever. These days, if you want to buy a £200,000 home, you would typically need to put down a 20 per cent deposit, or £40,000.
The Experian report stated: "Ever since homeownership began around the 50s and 60s, Londoners have had to move out to the regions to be able to afford a home... towns such as Milton Keynes are very attractive and practical places to live which allow first-time purchasers to have the lifestyle as well as to get on the property ladder."
"The fact that we have so many new businesses opening or relocating here means that we can offer first-time buyers much needed job security."
Would you - or do you - live in Milton Keynes?Would you recommend it as a great place to buy?