40pc of UK Home-Buyers Prepare for Prolonged Renting
A new survey by Money Supermarket has found that 8 million people in the UK are currently priced out of the housing market, with most first time buyers accepting the reality that they will be long-term renters while saving up a sufficient deposit.
The survey found that 40% of potential UK home-buyers are prepared to rent for a considerable amount of time while saving up to buy. With research now indicating that 37 is the average age we will buy our first property, this could be quite some time.
Read the full story at IPINGlobal.com
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