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First Time Buyers Stuggling To Save Deposits

First Time Buyers Struggling to Save Deposits 36% feel they have no prospect of buying in the next 10 yearS 73% do not expect to buy before phase two of the scheme ends in 2017 5% 32% only 5% expect to buy in the next 12 months of aspiring home Owners are 19% actually saving can't afford the monthly mortgage 62% payments of first time buyers still can't afford a 5% deposit Only 17% actually able to save each month 5% 2 in 3 can't get the 5% Deposit Saved Regular savers saving £393pm for 5% deposit would take 1 year 7 months. £7,792 for the average first time buyer home in the UK and 3 years for London Property. House Buy Fast Infograph designed and produced by House Buy Fast April 2014 www.housebuyfast.co.uk The Quick Sale Company Information sourced via propertywire.com visit http://www.propertywire.com

First Time Buyers Stuggling To Save Deposits

shared by jonathanrolande on Mar 24
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We take a look at the help-to-buy scheme and how first time buyers are affected by this.

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