The average first-time buyer is now seven years older
than in 1960 - and needs to save more than £20,000 extra to be able to buy a
home, a study commissioned by Keepmoat Homes has found. Researchers who polled
2,000 adults found a huge difference in the profile of someone buying their
first home through the generations. For example, today, first-time buyers will
be in their thirties before they get onto the property ladder and pay £20,622
for a deposit. In comparison, in 1960, the average first-time buyer was just 23
years old paying a deposit of just £595 on their first home, 30 times less than
the average deposit today. Read more on the Keepmoat website.
Sunak claims defence spending plan won’t affect government’s ability to cut
taxes – as it happened
-
This live blog is now closed, you can read more of our UK political
coverage here
With Rishi Sunak in Berlin, it is deputies’ day at PMQs, and Oliver Dow...
14 hours ago
No comments:
Post a Comment