As the cost-of-living crisis continues to batter the country and our economy, I sit here and think about what life may hold for our younger generation just starting their journey of independence. But with house prices not cheap and other factors like energy prices at an all time high, the ability to afford rent and bills seems pretty much impossible - let alone buying a home of your own.
A recent survey, commissioned by First Direct, found that the cost-of-living crisis had around 86 per cent of hopeful buyers “somewhat concerned” over how it would affect their plans to buy a home of their own. Once you’ve finished school, gone to university, graduated, moved out of the family home and have a job, you look towards what you want in the future and for many people this is owning their own home. While this is a wish of many, the current property market prices don’t have many people hopeful they can afford it.
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