The number of first time buyers in the UK has fallen by
24% since 1994 and the number of lone first time buyers have seen a more
significant 45% decrease, new research has found. Also, those aged 16 to 34 are
down by 49% since 1981 while 41% of people aged 35 to 44 are not earning enough
to save for a deposit and 21% of over 55s are renting rather than owning a
home. The study from price comparison website MoneySuperMarket reveals the
changing face of home ownership and suggests that a large portion of British
people are putting their dreams of buying a home on hold. Read more on Property
Wire.
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