The grim reality of getting on the property ladder today


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Homeownership seems to be getter further and further out of reach for the majority of today’s prospective first-time buyers.

YouGov research commissioned by TheHouseShop.com has found that just 1 in 10 Brits (10% excluding “don’t know”s) thought saving up from monthly income and buying a property themselves was the best option available for young people wanting to buy their first home.

With expensive rents putting a strain on savings potential and low wages for young professionals imposing a tight salary multiple for mortgage applications, young people in the UK are struggling to find a viable route into home ownership that doesn’t involve relying on parents or family.

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