A quarter of graduates who achieved their qualifications ten years ago have still not climbed onto the property ladder, according to research from Scottish Widows Bank.
The fourth annual Scottish Widows Bank Graduate First Time Buyer report also found that the proportion of graduates yet to buy their first home has increased by 3% to 56% compared with last year’s research. The report claims that graduates are being squeezed out of the market by unaffordable house prices, with 70% of those surveyed highlighting house prices as the major hurdle to home ownership. The survey also found that 58% of graduates think they do not earn enough to buy a house, 27% found it difficult to save for a deposit, and 18% said they were not ready to make a commitment to hom...
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