💨 Abstract

Single earners in the UK face extreme challenges in buying property, especially without family support or additional income. Research by Boon Brokers highlights that areas like London, Bristol, and Cambridge are nearly impossible for average earners to enter the market, with deposit savings timelines stretching to decades. Even in more affordable cities, saving for a deposit takes years. Family wealth has become a key factor, with 96% of first-time buyers relying on financial help.

Courtesy: Metro Lifestyle reporter