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First time buyers emerge after recession

4 January 2014 Last updated at 13:10 GMT

The number of people buying their first home is thought to have risen by more than a fifth last year.

The Halifax bank, which estimated the figures, says it is the biggest rise they have seen for more than a decade.

It is the second year in a row the number of first time buyers has gone up.

Joe Lynam reports.

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