A number of young adults had to scrap their plans to buy in 2020, as the number of mortgages available to those with a small deposit diminished, the How We Live study from Aviva found.

Last year saw the market lockdown stop house moves in March. Once the market reopened the stamp duty holiday did more to help homemovers and investors than first-time buyers.

Almost a third (29%) of under-25s and two fifths (39%) of 25–34-year-olds had their home buying plans thwarted.

 

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