{"id":4690,"date":"2015-12-20T20:03:43","date_gmt":"2015-12-20T13:03:43","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-buyers-need-to-save-for-up-to-24-years-to-get-on-housing-ladder\/"},"modified":"2016-02-13T20:03:10","modified_gmt":"2016-02-13T13:03:10","slug":"uk-buyers-need-to-save-for-up-to-24-years-to-get-on-housing-ladder","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-buyers-need-to-save-for-up-to-24-years-to-get-on-housing-ladder\/","title":{"rendered":"UK buyers need to save for up to 24 years to get on housing ladder"},"content":{"rendered":"


\nResolution Foundation research shows it can now take almost a quarter of a century for UK households to accumulate a big enough depositHomebuyers now have to save for up to 24 years to set aside a deposit large enough to buy them a foot on Britain\u2019s housing ladder, according to new research.The Resolution Foundation thinktank has used the Bank of England\u2019s latest survey of household finances to show that with house prices rising sharply, it would now take almost a quarter of a century for low- and middle-income households to accumulate a deposit on average, if they set aside 5% of their disposable income each year. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK buyers need to save for up to 24 years to get on housing ladder<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Resolution Foundation research shows it can now take almost a quarter of a century for...<\/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-4690","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\/p75ss1-1dE","jetpack-related-posts":[{"id":26969,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/quarter-of-first-time-buyers-opt-for-35-year-mortgages-to-get-on-ladder\/","url_meta":{"origin":4690,"position":0},"title":"Quarter of first-time buyers opt for 35-year mortgages to get on ladder","date":"January 11, 2016","format":false,"excerpt":"\r Number of first-time buyers down 0.5% in 2015 to 310,000, with the average deposit rising above \u00a330,000 and mortgage terms getting longerThe number of first-time buyers in the UK housing market has fallen for the first time in four years, with the typical deposit required to buy a property\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1094,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rent-trap-keeping-englands-young-people-off-the-housing-ladder\/","url_meta":{"origin":4690,"position":1},"title":"'Rent trap' keeping England's young people off the housing ladder","date":"July 23, 2014","format":false,"excerpt":"\r Tenants pay more for the roof over their heads than buyers, according to the government's English Housing SurveyYoung people are being caught in a \"rent trap\", with housing costs taking up so much of their income that they are struggling to save enough to buy a home of their\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133071,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-extends-generation-buy-mortgage-guarantee\/","url_meta":{"origin":4690,"position":2},"title":"Government extends \u2018generation buy\u2019 mortgage guarantee","date":"December 20, 2022","format":false,"excerpt":"\r Scheme to help first-time buyers on to property ladder has been used by more than 24,000 households across UKThe government is extending the mortgage guarantee scheme, which helps buyers with small deposits get on the property ladder as higher borrowing costs threaten to put the brakes on the UK\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53367,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/smaller-deposits-raise-hopes-for-uk-first-time-homebuyers\/","url_meta":{"origin":4690,"position":3},"title":"Smaller deposits raise hopes for UK first-time homebuyers","date":"May 1, 2017","format":false,"excerpt":"\r Hamptons says re-emergence of higher loan-to-value mortgages combined with lower lending rates and cooling prices have boosted purchase prospectsEasier access to mortgages with a small deposit has offered some glimmers of hope for first-time buyers struggling to get on to Britain\u2019s housing ladder, according to a new report.Research on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70426,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/build-it-split-it-blag-it-alternative-ways-to-get-on-the-property-ladder\/","url_meta":{"origin":4690,"position":4},"title":"Build it, split it, blag it: alternative ways to get on the property ladder","date":"October 30, 2017","format":false,"excerpt":"\r Whether it\u2019s building your own sprawling mansion or teaming up with friends, there are many creative ways to get your own slice of homeNine years ago, a woman and her four kids managed to build a house from scratch using just a YouTube video for guidance. Cara Brookins took\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":160930,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lender-offers-98-mortgage-to-first-time-buyers-but-bars-bank-of-mum-and-dad\/","url_meta":{"origin":4690,"position":5},"title":"UK lender offers 98% mortgage to first-time buyers \u2013 but bars bank of mum and dad","date":"September 13, 2025","format":false,"excerpt":"\r Newcastle building society aims for those with smaller deposits and no help hoping to get on to housing ladderFirst-time buyers are being offered the chance to borrow up to 98% of the price of a property \u2013 but they cannot get help with their deposit from the bank of\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\/4690"}],"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=4690"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/4690\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=4690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=4690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=4690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}