Mortgages: A generation of renters ‘locked out’ of the housing market

iStock_000018295400_ExtraSmallNew research has confirmed just how hard it is for first time buyers to save a large enough deposit to get onto the housing ladder. The research from housing charity Shelter, took into account a variety of factors, including earnings, rental levels, house prices and essential spending, to calculate the average length of time it takes to save a big enough deposit. Whilst the research only looked at areas of England, the results are likely to be replicated in Wales, ...