The cost of living crisis is upon us - and each day seems to bring more bad news about bills, petrol, and supermarket shops.
For many young people, the dream of owning our own homes looks more and more distant. Just getting by is hard enough. Martin Lewis is on our screens every week offering tips and tricks to try and ease the blow, while TV property guru Kirstie Allsopp suggests young adults cancel their Netflix and make coffee at home as a way to save for a deposit.
But let’s be honest, most young adults don’t pay for Netflix, someone else does. Granted, I pay £9.99 a month for Spotify, but I doubt the £119.88 I would save every year to not have music would get me a mortgage. READ MORE: The trail of destruction left in Didsbury by the flood - and the fear that the system can't cope with another In fact, I know it wouldn’t.
My banking app has taken to advertising mortgage services to me and this week informed me that first time buyers in my area need an 18 percent deposit of roughly £34,000 to even think about buying.
Read more on manchestereveningnews.co.uk
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