{"id":21735,"date":"2016-08-02T23:55:55","date_gmt":"2016-08-02T16:55:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/nine-in-10-renters-do-not-have-the-savings-for-5-home-deposit-study\/"},"modified":"2016-08-03T00:13:35","modified_gmt":"2016-08-02T17:13:35","slug":"nine-in-10-renters-do-not-have-the-savings-for-5-home-deposit-study","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nine-in-10-renters-do-not-have-the-savings-for-5-home-deposit-study\/","title":{"rendered":"Nine in 10 renters do not have the savings for 5% home deposit \u2013 study"},"content":{"rendered":"


\nVast majority of people who rent are locked out of home ownership through a lack of income and savings, says Equality TrustNine out of 10 people renting property in Britain cannot scrape together enough savings to cover even a quarter of the deposit needed to buy the average first home, according to research. The analysis by the Equality Trust charity found that 86% of renters \u2013 who make up about 6m households \u2013 have less than the \u00a38,838 needed for a 5% deposit on the average home. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Nine in 10 renters do not have the savings for 5% home deposit \u2013 study<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Vast majority of people who rent are locked out of home ownership through a lack...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-21735","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5Ez","jetpack-related-posts":[{"id":138323,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cost-of-living-crisis-forces-more-britons-to-use-savings-with-renters-worst-hit\/","url_meta":{"origin":21735,"position":0},"title":"Cost of living crisis forces more Britons to use savings, with renters worst hit","date":"July 14, 2023","format":false,"excerpt":"\r ONS finds one in 20 households have run out of food in the past and could not afford moreBritain\u2019s cost of living crisis is forcing more people to dip into savings to make ends meet, according to official figures showing renters are at the greatest risk of financial vulnerability.The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39413,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/everything-you-know-about-millennial-renters-is-wrong\/","url_meta":{"origin":21735,"position":1},"title":"Everything you know about millennial renters is wrong","date":"January 2, 2017","format":false,"excerpt":"\r Well, at least most of it These millennials say, \u2018Happy New Year!\u2019 Anchiy\/Shutterstock Millennials, the generation loosely defined as born between 1980 and 2004, are at the prime of their lives. They are already the largest generation in many countries\u2019 work-forces. But where their predecessors, the Baby Boomers and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":57446,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/deposit-free-renting-sounds-good-or-could-tenants-lose-out\/","url_meta":{"origin":21735,"position":2},"title":"Deposit-free renting sounds good \u2013 or could tenants lose out?","date":"June 10, 2017","format":false,"excerpt":"\r New plans aim to ease the burden of having to find an average \u00a3967. But they come with a warningDeposits can be the bane of tenants\u2019 lives. Not only do renters have to fork out hundreds of pounds in letting agent fees, but they usually have to stump up\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":64008,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-than-1m-uk-renters-open-help-to-buy-isas-to-secure-first-home\/","url_meta":{"origin":21735,"position":3},"title":"More than 1m UK renters open Help to Buy Isas to secure first home","date":"August 19, 2017","format":false,"excerpt":"\r Tax-efficient savings scheme designed to help people on to the housing ladder\r \r Source : ft.com\r Read more...More than 1m UK renters open Help to Buy Isas to secure first home","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/renters-forced-to-pay-hundreds-in-unethical-fees-to-secure-homes\/","url_meta":{"origin":21735,"position":4},"title":"Renters forced to pay hundreds in \u2018unethical\u2019 fees to secure homes","date":"December 3, 2022","format":false,"excerpt":"\r Observer investigation uncovers cases where people were told to sign up to a \u2018zero deposit\u2019 scheme as a condition of their tenancyLetting agencies are earning thousands of pounds in commission and in some cases flouting the ban on tenant fees by forcing renters to sign up to controversial \u201czero\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82260,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aucklanders-16-year-savings-slog-for-house-deposit-reinz-research\/","url_meta":{"origin":21735,"position":5},"title":"Aucklanders' 16-year savings slog for house deposit: REINZ research","date":"March 9, 2018","format":false,"excerpt":"\r It takes Aucklanders on an average weekly income a punitive 16 years of hard slog to save for a house, new research from the Real Estate Institute has revealed.\"The average Auckland household looking to purchase a house that costs...\r \r Source : nzherald.co.nz\/Property\r Read more...Aucklanders' 16-year savings slog for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/21735"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=21735"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/21735\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=21735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=21735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=21735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}