First Time Nerves

First Time Nerves: Home | Regional Statistics | News Release

  Total North Yorkshire & Humber Midlands East of England South East South West Greater London Scotland Wales Northern Ireland
Those who are counting on their parents to help them with their deposit 25% 18% 32% 21% 23% 34% 25% 24% 32% 14% 8%
Those who hope their parents will guarantee their mortgage 12% 9% 16% 18% 14% 10% 11% 9% 12% - 17%
Those who struggle to save 40% 46% 41% 41% 23% 34% 33% 45% 56% 21% 33%
Those who fail to save any money each month 23% 23% 30% 18% 20% 21% 28% 24% 27% 21% 25%
Those who don't have any money to put down as a deposit 17% 17% 18% 18% 17% 16% 17% 17% 22% 29% -
Those who are having difficulty paying off their student debt 16% 21% 25% 16% 14% 9% 11% 18% 7% 14% 8%

Those who admit they spend too much and save too little

44% 45% 50% 48% 23% 47% 44% 42% 54% 43% 42%
Those who say they can't save enough as property prices keep rising 66% 71% 59% 67% 83% 71% 67% 64% 46% 57% 67%
Those who worry about interest rates rising and being unable to afford mortgage repayments 57% 59% 55% 57% 63% 54% 61% 61% 46% 57% 50%

Those who believe property prices will continue to rise

59% 54% 61% 57% 60% 68% 53% 58% 56% 50% 83%

Those who are renting whilst looking to buy

87% 85% 84% 92% 86% 85% 97% 82% 93% 100% 83%

The amount spent on rented accommodation whilst looking to buy

£7682 £6973 £6392 £7286 £7984 £7966 £7115 £9548 £6987 £6286 £6400
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

 

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