{"id":92316,"date":"2018-06-25T06:01:45","date_gmt":"2018-06-24T23:01:45","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/single-first-time-buyer-in-london-needs-17-years-to-find-15-deposit-report\/"},"modified":"2018-06-25T07:03:09","modified_gmt":"2018-06-25T00:03:09","slug":"single-first-time-buyer-in-london-needs-17-years-to-find-15-deposit-report","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/single-first-time-buyer-in-london-needs-17-years-to-find-15-deposit-report\/","title":{"rendered":"Single first-time buyer in London needs 17 years to find 15% deposit \u2013 report"},"content":{"rendered":"<p>&#013;<br \/>\nIn England and Wales, average single first-time purchaser would need just over 10 yearsA typical single first-time buyer in London will have to save for 17 years \u2013 until 2035 \u2013 to raise enough cash for a 15% deposit on a home. That is up from the 15 years recorded in both 2008 and 2013, despite steep house price falls in parts of London since the Brexit vote two years ago. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2018\/jun\/25\/single-first-time-buyer-in-london-needs-17-years-to-find-15-deposit-report\" target=\"_blank\">Single first-time buyer in London needs 17 years to find 15% deposit \u2013 report<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; In England and Wales, average single first-time purchaser would need just over 10 yearsA typical&#46;&#46;&#46;<\/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-92316","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-o0Y","jetpack-related-posts":[{"id":107726,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-own-a-property-can-i-get-a-deal-if-i-buy-another-with-a-friend\/","url_meta":{"origin":92316,"position":0},"title":"I own a property \u2013\u00a0can I get a deal if I buy another with a friend?","date":"June 3, 2019","format":false,"excerpt":"\r He\u2019s a first-time buyer and we\u2019re hoping to get a better mortgage and pay less stamp dutyQ I am really hoping you could give me some advice. I am currently based in London throughout the week and spend most weekends in Nottingham where I recently bought a property as\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/im-a-first-time-buyer-do-i-earn-enough-to-get-a-mortgage\/","url_meta":{"origin":92316,"position":1},"title":"I&#039;m a first-time buyer \u2013\u00a0do I earn enough to get a mortgage?","date":"June 17, 2019","format":false,"excerpt":"\r I\u2019m worried that the repayments on my help-to-buy loan will count against me with a lenderQ I hope you might be able to provide some insight for me as I begin my (optimistic) search for a first property. I\u2019m 26 years old and single and a couple of years\u2019\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-cant-afford-a-flat-in-london-even-though-ive-saved-a-deposit\/","url_meta":{"origin":92316,"position":2},"title":"I can&#039;t afford a flat in London even though I&#039;ve saved a deposit","date":"March 2, 2020","format":false,"excerpt":"\r I\u2019ve lived in Wanstead all my life and my hopes were raised by an \u2018affordable\u2019 developmentQ Since graduation from art college in 2009, I\u2019ve been able to live at home rent free so despite being on a lowish salary of \u00a320,000 as a trainee teaching assistant, I have managed\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110909,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mystery-hong-kong-buyer-completes-us13-4-million-corinthia-hotel-london-penthouse-deal-in-just-72-hours\/","url_meta":{"origin":92316,"position":3},"title":"Mystery Hong Kong buyer completes US$13.4 million Corinthia Hotel London penthouse deal in just 72 hours","date":"September 19, 2019","format":false,"excerpt":"\r A Hong Kong multimillionaire has bought a penthouse at the Corinthia Hotel London for \u00a310.75 million (US$13.4 million) in a deal that was sealed in 72 hours, property agents Aston Chase on Thursday.The identity of the buyer remains unknown. Aston Chase said in a press release that the buyer\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129740,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-or-shared-ownership-which-is-best-for-homebuyers-in-england\/","url_meta":{"origin":92316,"position":4},"title":"Help to buy or shared ownership: which is best for homebuyers in England?","date":"September 12, 2022","format":false,"excerpt":"\r The government schemes have pros and cons, and one closes to new applicants soonShared ownership is one of the government assistance schemes for those priced out of the open market. The other main one is help to buy. But if you are interested in the latter, get your skates\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76998,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-guangzhou-rampf-emerges-as-buyer-of-dalian-wandas-london-hotel-and-residential-project\/","url_meta":{"origin":92316,"position":5},"title":"China\u2019s Guangzhou R&amp;amp;F emerges as buyer of Dalian Wanda\u2019s London hotel and residential project","date":"January 17, 2018","format":false,"excerpt":"\r Chinese developer Guangzhou R&F Properties was the buyer of conglomerate Dalian Wanda Group\u2019s hotel and residential project under construction in London, according to people familiar with the matter. 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