The study looked at earnings, house prices, rents and spending on essentials in local authorities across the country to show the extent of the challenge faced by households wanting to save a deposit to buy a home in their area

'Generation rent': Young people need 30 years to save for a house deposit, says Shelter

Couples who start a family in their 20s could be saving for a deposit for 12 years - nearly double the time faced by childless couples

Money Insider: Are mortgage rates close to bottoming out? Get a fix... but check the cost

There's no let-up in the quest for new mortgage business, with lenders scrapping harder than ever for best buy recognition since the Funding for Lending Scheme (FLS) came into play.

At last, some good news: UK mortgage market is on the up again

The mortgage market's moving again, rates are at an all-time low, lenders are flush with government cash, and – at last – they're keen to hand it over

Mortgage wars bring bonanza of low rates for homebuyers

The Bank of England's Funding for Lending scheme has seen interest rates plummet. Julian Knight reports

Help to Buy 'fuelling a new housing boom'

Fears of another property bubble as prices leap in May at their fastest rate for six years.

Spotlight On: HSBC's tracker mortgage

The deal

House prices are racing ahead as stimulus for the market kicks in

House prices are rising at the fastest annual pace for 18 months as the Government's steroid boost for the property market kicks in, Nationwide said yesterday.

Boom for bailiffs as council tax cuts hit home

Vulnerable people are in danger of being pushed into the hands of unscrupulous bailiffs who act aggressively and pile on excessive fees.

Paragon seeks banking licence

Paragon, the buy-to-let mortgage provider, is applying for a banking licence in order to kickstart its consumer lending business.

Paying interest only means paying only the interest on the capital you borrowed but not paying anything towards reducing that capital

Consumer Rights: Act if you are worried about interest-only home loan

The time is looming for many to find money to pay off their mortgages. Do they have enough?

First-time buyers up 20 per cent in March

The number of first-time buyers jumped 20 per cent in March as the Bank of England's Funding for Lending scheme helped the mortgage market.

Borrowers are facing a mortgage 'fiscal cliff'

If inflation predictions are met over the next five years, borrowers could end up with as little as £56 in disposable income each month, a new report warns.

Buy-to-let mortgage loans leaping

Buy-to-let landlords were granted £4.2bn in new mortgage lending in the first quarter, the Council of Mortgage Lenders said yesterday.

Simon Read: The alarm clock is ringing for interest-only borrowers

More than a quarter of a million homeowners will be unable to pay off their mortgage at the end of its term, the City watchdog warned this week. That's because they have interest-only loans, and have done nothing to ensure they will be able to pay off the debt when the mortgage term ends.

Lifetime rate? Not with the Bank of Ireland

Thousands of Bank of Ireland borrowers have been hit with a massive rise in their monthly mortgage bill this month. That's despite them believing they had taken out a lifetime tracker deal.

Money
Destination Scotland: Virgin is offering a new deal
deals
Money
Bob Bob Ricard's newly opened Club Room
deals
Money
One reader complained that he would be better off if he kept his money by his bed
advice
Money
'The Lego Movie' has been one of the box office hits of 2014
deals
Money
Sir Michael Parkinson, and other well-known people, should think twice before fronting ads for financial products
comment
Money
BA travel rewards are taxiing down the runway
deals
Money
TSB boss Paul Pester wants to take on the high street giants and 'help create thriving local communities all across Britain'
comment
Money
Sony is hoping to attract fans of Wimbledon with its offer
deals
Money
Look before you leap: a travel policy may not pay out if the customer 'hasn’t been very careful' in terms of, say, adventure or alcohol
advice
Money
Nearly time for kick off: Young Brazil fans playing football on the outskirts of Sao Paulo
advice
Money
Advance bookings direct with rail companies offers huge savings
deals
Money
Chuka Umunna, the shadow, Business Secretary, is backing constituency members who are in dispute with a landlord Charlie Forgham-Bailey
comment
Money
As travel takes off for the World Cup, some airport car parking spots are on offer at reduced rates
deals
Money
The estate of the nation: the 0 per cent deal from Leeds has been launched with Barratt
advice
Money
Could it be magic? From left, Howard Donald, Gary Barlow and Mark Owen made their tax bills disappear. But, it is argued, we all avoid tax
comment
Money
What a racquet: David Lloyd is offering free coaching
deals
Money
The building society says there is a 'fundamental link' between performance and pay. But the link is looking very stretched
comment
Money
A retired couple who had been taking holidays in Florida for 30 years suddenly found that the cost of cover had soared
news
Money
Campaigners protest in March against the Justice Secretary Chris Grayling and the erosion in legal aid
comment
Money
The right to control retirement savings has hit insurance firms

Do you think you’re ready for retirement? If you are, you’re in a minority.

Financial products from our partners
Property search
On Google+
The Independent
 
Independent
The Independent on Google+
i100
i100
i100 on Google+
i Newspaper
 
TheIPaper
The Independent around the web
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Property search
iJobs Job Widget
iJobs Money & Business

Senior Analyst - Financial Modelling

competitive: Progressive Recruitment: This really is a fantastic chance to joi...

Associate CXL Consultant

£40000 - £60000 per annum + BONUS + BENEFITS: Harrington Starr: CXL, Triple Po...

Business Anaylst

£60000 - £75000 per annum + BONUS + BENEFITS: Harrington Starr: Business Anal...

Market Administrator (1st line Support, Bloomberg, Reuters)

Negotiable: Harrington Starr: Market Administrator (1st line Support, Bloomber...

ES Rentals

    Day In a Page

    Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
    Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
    Sicily – seven nights from £939pp
    Pompeii, Capri and the Bay of Naples - seven nights from £799pp
    Istanbul Ephesus & Troy – six nights from £859pp
    Mary Rose – two nights from £319pp
    Screwing your way to the top? Good for Lana Del Rey for helping kill that myth

    Screwing your way to the top?

    Good for Lana Del Rey for helping kill that myth, says Grace Dent
    Will the young Britons fighting in Syria be allowed to return home and resume their lives?

    Will Britons fighting in Syria be able to resume their lives?

    Tony Blair's Terrorism Act 2006 has made it an offence to take part in military action abroad with a "political, ideological, religious or racial motive"
    Beyoncé poses as Rosie the Riveter, the wartime poster girl who became a feminist pin-up

    Beyoncé poses as Rosie the Riveter

    The wartime poster girl became the ultimate American symbol of female empowerment
    The quest to find the perfect pair of earphones: Are custom, 3D printed earbuds the solution?

    The quest to find the perfect pair of earphones

    Earphones don't fit properly, offer mediocre audio quality and can even be painful. So the quest to design the perfect pair is music to Seth Stevenson's ears
    US Army's shooting star: Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform

    Meet the US Army's shooting star

    Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform
    Climate change threatens to make the antarctic fur seal extinct

    Take a good look while you can

    How climate change could wipe out this seal
    Should emergency hospital weddings be made easier for the terminally ill?

    Farewell, my lovely

    Should emergency hospital weddings be made easier?
    Man Booker Prize 2014 longlist: Crowdfunded novel nominated for first time

    Crowdfunded novel nominated for Booker Prize

    Paul Kingsnorth's 'The Wake' is in contention for the prestigious award
    Vladimir Putin employs a full-time food taster to ensure his meals aren't poisoned

    Vladimir Putin employs a full-time food taster

    John Walsh salutes those brave souls who have, throughout history, put their knives on the line
    Tour de France effect brings Hollywood blockbusters to Yorkshire

    Tour de France effect brings Hollywood blockbusters to Yorkshire

    A $25m thriller starring Sam Worthington to be made in God's Own Country
    Will The Minerva Project - the first 'elite' American university to be launched in a century - change the face of higher learning?

    Will The Minerva Project change the face of higher learning?

    The university has no lecture halls, no debating societies, no sports teams and no fraternities. Instead, the 33 students who have made the cut at Minerva, will travel the world and change the face of higher learning
    The 10 best pedicure products

    Feet treat: 10 best pedicure products

    Bags packed and all prepped for holidays, but feet in a state? Get them flip-flop-ready with our pick of the items for a DIY treatment
    Commonwealth Games 2014: Great Scots! Planes and pipers welcome in Glasgow's Games

    Commonwealth Games 2014

    Great Scots! Planes and pipers welcome in Glasgow's Games
    Jack Pitt-Brooke: Manchester City and Patrick Vieira make the right stand on racism

    Jack Pitt-Brooke

    Manchester City and Patrick Vieira make the right stand on racism
    How Terry Newton tragedy made iron men seek help to tackle their psychological demons

    How Newton tragedy made iron men seek help to tackle their psychological demons

    Over a hundred rugby league players have contacted clinic to deal with mental challenges of game