New thinking may be needed to help tomorrow's homeowners, suggests research from Datamonitor, as Lon...
New thinking may be needed to help tomorrow's homeowners, suggests research from Datamonitor, as London's first-time buyers are now paying an average £37,123 or 264% higher than five years ago for their first home. Elsewhere across the country, the average deposit paid by new homeowners seeking their first property has risen by at least 250% compared to 1998 to £22,547. As a result of increasing deposits required and a boom in property prices, individuals looking to get onto the property ladder are finding it more and more difficult, says Datamonitor, so major changes from the gov...
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