Celebs in News
Kate Middleton
Catherine, Duchess of Cambridge, GCVO (born Catherine Elizabeth Middleton; 9 January 1982) is a member of the British royal family. Her husband, Prince William, Duke of Cambridge, is expected to become king of the United Kingdom and 15 other Commonwealth realms, making Catherine a likely future queen consort.
Related Rumors
Manchester record cover track economy career Extreme Bill Manchester

'Most of our generation can't even fathom buying a house': Young workers react to new deposit-free scheme

Reading now: 401
manchestereveningnews.co.uk

Saving up for a deposit for a mortgage can be extremely difficult for many young workers, especially during the cost of living crisis.

The process of applying for a mortgage in this current economy can be daunting for people looking to get on the property ladder, with many young people thinking it’s becoming increasingly difficult to do so.

Typically, to save for your deposit it would need to cover between five to 15 per cent of the total purchase price of your property.

With rents sky high, more and more people are struggling to save up enough money for a deposit on a house as well as pay the rent. READ MORE: The prescription medicines you can now get without going to a GP As of January 2023, the average rent a person in Manchester pays is now £1,600 per month.

Read more on manchestereveningnews.co.uk
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA