What can a first-time-buyer afford?

Updated
Three bed property in Blackpool
Three bed property in Blackpool

New figures from the Council of Mortgage lenders have revealed that the average loan for a first-time-buyer has reached a record of over £121,000. Assuming a reasonable £30,000 deposit, it means that today's first time buyers are on the hunt for property with a budget of £150,000.

So what could they buy around the UK?

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