More than four out of ten aspiring first-time buyers
delayed their plans to get onto the property ladder in 2020, research by
Santander suggests. The lender found that 44% of first-time buyers put off
their purchase during the pandemic. However, 63% of would-be buyers say that
home ownership is even more important to them now than it was before
Covid. The proportion of first-time buyers who say raising a deposit is
the biggest barrier has risen from 30% in 2019 to 52% in 2021. Read more on the
Mortgage Strategy website.
First-time buyer's plans postponed by pandemic | Mortgage Strategy
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