Young still unable to afford first home says A&L

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One quarter of all married couples are finding it hard to get on the housing ladder according to Alliance & Leicester Mortgages.

Young married couples who are currently renting are continuing to wait to get a foot on the property ladder because they still cannot afford to buy the lender says. A&L says one in four (25%) married couple currently renting property say they would like to get on to the property ladder, but simply cannot afford to make the move from renting to owning. Only one in ten (13%) of married renters are in a position to buy their first home compared with 6% of singletons who rent. Singletons are also finding it hard to get on the property ladder with 26% unable to afford to buy a home. They are...

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