Single first-time buyers who started saving at the beginning of this year would struggle to put together a 15% deposit before the end of 2028, new figures suggest.
While a slowdown in the housing market and faster wage growth mean the average time taken has fallen since this time last year, singletons on a typical salary would still need to save for 10 years and six months, according to research by Hamptons International.
The picture is less stark for couples, who would need just five years to save for a 15% deposit, but the figures reveal a big regional divide.
