House prices in LOndon have been rising faster than incomes and London is reponsible for skewing national average house price figures by consecutive house prices in 2009 First time buyers in London really struggle to get on the property ladder. The Halifax estimates that first time buyers in London, need an average deposit of over £41,000. However it is sometimes best to look in the areas just outside central London. Buyers who insist on buying properties being sold privately can find houses for sale in London at the UK's leading private sales website