UK buyer deposit now at lowest level for six years

Raising a deposit, which has been the single biggest barrier to home ownership in the UK since 2010, is now at its lowest level for six years, new research shows. However, it still presents a barrier to over half of consumers with 52% saying it is a hurdle to overcome, according to the latest Property Tracker report from the Building Societies Association (BSA). But it points out that this figure is down from 59% in September 2015 and lower than the high of 69% recorded in September 2011. From S...