The average first-time buyer is now seven years older
than in 1960 - and needs to save more than £20,000 extra to be able to buy a
home, a study commissioned by Keepmoat Homes has found. Researchers who polled
2,000 adults found a huge difference in the profile of someone buying their
first home through the generations. For example, today, first-time buyers will
be in their thirties before they get onto the property ladder and pay £20,622
for a deposit. In comparison, in 1960, the average first-time buyer was just 23
years old paying a deposit of just £595 on their first home, 30 times less than
the average deposit today. Read more on the Keepmoat website.
Bed bugs and cockroaches: the legal battle over conditions in a Melbourne
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Jack Kramme escaped homelessness when he moved into the new building near
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