Boris promises more help for first-time buyers and renters in mortgage review
, but the ever-spiralling price of a house or flat has so inflated deposit requirements that saving even just ten per cent is wholly unrealistic for them."
He also wants to make it easier to turn disused agricultural buildings into new homes for local first-time buyers.House prices have soared in the past two decades. A home costs on an average nine times your income today, compared with just four-and-a-half times in 2002.
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