44% of renters in the UK believe they will never own their own home
According to an independent survey for construction and regeneration company Keepmoat only 2% of renters plan on getting on the property ladder this year. The most common reason for not getting on the property ladder was cited as not being able to afford a deposit by 56% of respondents. Interestingly also it was revealed that despite houses in the North generally being more affordable, non-homeowners in Liverpool at 62% were the most likely to say they never expect to purchase a property, followed by 60% in both Newcastle and Glasgow.
Read the full story on PropertyWire