First Time Buyers Are Struggling To Save Deposits [Infographic]

We’ve produced an infographic about how first time buyers are struggling to save deposits. With thanks to for the research that they carried out.

A Quick Overview

  • 36% feel they have no prospect of buying in the next 10 years
  • 73% do not expect to buy before phase two of the help to buy scheme ends in 2017
  • 5% expect to buy in the next 12 months
  • 32% of aspiring home owners are actually saving
  • 19% can’t afford the monthly mortgage payments
  • 62% of first time buyers still can’t afford a 5% deposit
  • 17% actually able to save each month
  • 2 in 3 can’t get the 5% deposit saved
  • Regular savers saving £393 a month for 5% deposit would take 1 year 7 months. £7,792 for the average first time buyers home in the UK and 3 years for London Property.

First Time Buyers Struggle To Save Deposits

Embed This Image On Your Site (copy code below):

Jonathan Rolande

Starting in property agency in 1988, I moved into lettings during the early 1990s and in 1998 acquired an estate and letting agency business which is still running successfully. During this time I have helped many hundreds of sellers and purchasers within the property industry, a field in which I am now specialising. Founding member of The National Association of Property Buyers.

Social Media:
Weekly Update

Subscribe to our weekly newsletter and we'll keep you updated with property market news and infographics.

All Information Is SecureAll personal information that you provide here is completely confidential.
Our Promise To You

We promise to deliver an excellent level of service at all times.

House Buy Fast - Our Promise To You

We Promise To:

  • Be courteous, friendly and professional at all times.

  • Recognise and respond to your individual needs.

  • Listen to your feedback and act on it in order to continually improve our service.