 |
| Link to Evening Standard |
"In 1995, the average first-time buyer needed to spend just
11 months
looking to own their first home.
In 2013, they spend
10 years, 10 months
trying to get on the property ladder in London."
"... The findings, by Barclays, also reveal that Londoners underestimate the size of the deposit they require by more than £20,000, and the length of time it will take to save it, by almost four years.
"The average deposit required for a first-time buyer in the capital is £70,000, yet most assume they need just [sic] £47,728, creating a deposit gap of £22,272."
No comments:
Post a Comment