Eight in 10 tenants feel ‘trapped’ in the rental cycle - as ONS figures show house prices for first time buyers have risen by an average of 18% in the last two years, an increase of £39,680.
A study of 2,000 adults, who live in a rental property, found 86% dream about one day stepping onto the property ladder.
But the cost-of-living crisis is the most common setback for renters as they now save less for a deposit, while 41% say house prices in their area are rising too quickly for them to keep up.
