Today’s generation of FTBs six times less likely to find deposit than parents

A new survey covering 2,000 potential homebuyers has found that 1 in 3 are struggling to save up a deposit compared to only 1 in 20 who bought 20-30 years ago. The research by self-storage company, Space Station, revealed that 33% currently saving for a home said they had been forced to delay by the challenge of saving a deposit, only 5%who bought their first home between 1988 and 1998 reported the same struggle. House prices have increased far above the rate of…