More Than Half Of Tenants In PRS Cannot Afford To Buy

More than half of people who rent a home in the UK are doing so because they cannot afford a deposit to buy a property. There have been several announcements recently about building more affordable homes and research showing that some aspiring first time buyers cannot afford even the new starter homes. Now research shows that 52% living in a rental property said they cannot afford to buy and 25% do not meet the lending criteria for a mortgage. Read more on the Property Wire website.