Poll
First-time homeowners see their house worth fall by £11
More than 350,000 first-time buyers are trapped in houses they bought during the height of the housing market boom, a report by HSBC has warned.
“If you add into the mix that demand for rented properties at the moment is driving rental costs higher and higher, forcing first-time buyers to dip into their deposit funds to pay rising living costs, then taking that first leap on to the property ladder seems a distant and forlorn dream.”
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