First Time Buyers struggle to save for a deposit

The latest Monday Statistics report shows that despite the improved economic outlook, many young people are still struggling to buy their first home. With an average deposit for a first time buyer at £27,719, and the average household saving 4.9% of their salary, it would take over 20 years to save the required amount.

Full story available from Property Reporter: http://www.propertyreporter.co.uk/view.asp?ID=14119

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