Majority of potential first time buyers in UK believe they lack sufficient deposit to buy, survey sh

[Nicholas Wallwork]

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Two thirds of first time buyers in the UK believe that a lack of*sufficient mortgage deposit is preventing them from buying a property,*according to a new survey.

Government efforts to encourage them into the real estate market with*shared equity schemes which require little or no deposit are simply not*working, the survey from Miller Homes has found.

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[Jimferguson42]

Bank need to wake up

Banks don't seem to understand that they need to lend money in this troubling times because it will only cause them more problems in the long run if they don't.

In the great depression in the 1920s, banks tightened up credit and we all know how that went.