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The Independent UK
The Independent UK
Business
Vicky Shaw

How the cost-of-living crisis is hitting homebuying dreams

As the cost-of-living crisis takes its toll on incomes and savings, around seven in 10 (72%) prospective first-time buyers say their attempts to purchase a property have been impacted, according to new research.

A third (32%) of would-be homeowners have put their property purchases on hold, anticipating delays of around 20 months, Aldermore bank found.

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