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Average first time buyer feels they need £19,100 saved to buy a house
New research carried out by The Co-operative Bank and Places for People has revealed that the average first time buyer currently feels they need to have saved £19,100* to enable them to buy a property.
Despite the current housing market outlook, the research conducted with 1,500 first time buyers shows that over half of those questioned still feel renting is ‘throwing money down the drain’ (54%), with the majority estimating that it will take them up to two years to begin thinking about buying their first home.
As a result first time buyers are now making more sacrifices to enable them to save for a home. According to research conducted .....
Places for People and Cotman discuss joining forces
Places for People – one of the UK’s largest property management and development groups – and Cotman Housing Association, one of East Anglia’s leading associati.....
New scheme set to kick South Tyneside youngsters into shape
A new mobile gym is set to help youngsters and adults from South Tyneside ward off obesity and get in shape this Summer, when it launches next Monday (4th Augus.....