Banks offering alternatives to try and get millennials on the housing ladder - Property & Development magazine
- Date: 25/08/2017
The HomeOwners Alliance and BLP Insurance have carried out research which illustrates 85% of millennials struggle to save for a deposit for their first house. It is down to this that most of this generation have given up on the idea of becoming a homeowner. Because of this unfortunate reality, banks are looking for different solutions in order to get more first time buyers onto the housing ladder. Looking for alternative opportunities also means that banks will be able to retain the custom of millennials that would otherwise be unable to put down a deposit for a mortgage.
Read the full article on Property & Development magazine's website.