Rightmove has compiled a list of the cheapest and most expensive locations to climb the property ladder. Included in the investigation were the cities of Bradford, Aberdeen, Bath, and Cambridge.

According to a new study, the simplest locations for individuals seeking to climb the property ladder have been identified.

The online real estate portal Rightmove examined the average asking prices for two-bedroom homes indicative of those purchased by first-time buyers in 60 of Britain’s most populous urban areas.

London, Bradford, Aberdeen, Bath, and Cambridge were the locations.

The investigation assumed that first-time buyers had a 10% down payment and would repay their mortgages over 25 years.

Rightmove found that Bradford, Yorkshire, was the most affordable UK city to buy a home.

According to Rightmove, the average asking price for a typical first-time-buyer property in Yorkshire city is just £104,643. Which could result in mortgage payments of approximately £550 per month.

St. Albans, on the opposite end of the spectrum, was named the most expensive city for first-time buyers.

In half of the cities analysed by the real estate website. A monthly first-time buyer mortgage with a 10% down payment is cheaper than renting.

Tim Bannister, a property specialist at Rightmove, stated: “For those who can save the deposit, it’s still cheaper to pay off a mortgage as a first-time buyer in many areas than pay the equivalent in monthly rent, despite prices reaching a new national high and mortgage rates increasing.

It shows how frenetic the rental market has been for a while. With many places still seeing record rents and severe tenant competition for available houses.

It helps to explain why first-time buyers are so determined to continue climbing the housing ladder despite economic headwinds, and why buyers are increasingly returning to cities while a greater proportion of renters are seeking to move away.