Millions have given up hope of buying a home locally

Britain’s shortage of affordable housing is pushing homeownership further out of reach, suggest new figures from Shelter.

A YouGov poll for the housing charity shows that 59 per cent of British adults who do not own their own home believe they will never be able to afford to buy in their local area. This figure has risen from 50 per cent since the last time Shelter ran this survey in 2009.

Shelter analysis shows that someone saving £200 a month would need to save for nearly 16 years to have enough for the average deposit. However, the charity’s latest poll reveals just one in five of 25-34 year olds who do not own their own homes are managing to save this amount.

“Despite doing the right thing by working hard and saving up, young people, many of them young families, are still finding it impossible to get on the housing ladder," said Shelter’s director of policy and campaigns, Kay Boycott. "Instead they’re stuck renting from a landlord, facing sky-high rents that make saving for a deposit incredibly difficult.

“We’re hearing from more and more people in their late 20s and even into their late 30s who have decided their only hope is to move back in with their parents. We have to ask whether it’s acceptable that this has become the only way young people can get a home and get on in life. A whole generation is being held back because of this country’s shortage of affordable homes.”

The YouGov poll also showed that people are increasingly concerned about their children’s housing prospects, with 44 per cent of British adults believing their children or future children will be unable to afford a decent home, up from 38 per cent in 2009.

“This issue not only affects today’s young people, but the next generation as well," added Boycott. "The default answer from successive governments has been to announce more schemes to help first time buyers, but often these only help a limited number of people and simply aren’t on the scale needed to stem this crisis. We need a comprehensive scheme to help young people, coupled with radical action to build significant numbers of good quality, affordable homes if we’re going to stop tomorrow’s generation from being consigned to the property scrapheap.”

Discover more property articles at Homes and Property
Property search
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
SPONSORED FEATURES
Independent Dating
and  

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

iJobs Job Widget
iJobs General

Recruitment Genius: New Business Client Manager - OTE £35,000

£18000 - £35000 per annum: Recruitment Genius: This global technology company ...

Recruitment Genius: Account Manager - Telecoms - OTE £23,000

£20000 - £23000 per annum: Recruitment Genius: An exciting opportunity has bec...

Recruitment Genius: Front of House Team Member

£18000 per annum: Recruitment Genius: This strategic outsourcing and energy se...

Recruitment Genius: IT Support Engineer

£18000 - £26000 per annum: Recruitment Genius: This is an opportunity for an I...

Day In a Page

Turkey-Kurdish conflict: Obama's deal with Ankara is a betrayal of Syrian Kurds and may not even weaken Isis

US betrayal of old ally brings limited reward

Since the accord, the Turks have only waged war on Kurds while no US bomber has used Incirlik airbase, says Patrick Cockburn
VIPs gather for opening of second Suez Canal - but doubts linger over security

'A gift from Egypt to the rest of the world'

VIPs gather for opening of second Suez Canal - but is it really needed?
Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Jeremy Corbyn dresses abysmally. That's a great thing because it's genuine

Fashion editor, Alexander Fury, applauds a man who clearly has more important things on his mind
The male menopause and intimations of mortality

Aches, pains and an inkling of mortality

So the male menopause is real, they say, but what would the Victorians, 'old' at 30, think of that, asks DJ Taylor
Man Booker Prize 2015: Anna Smaill - How can I possibly be on the list with these writers I have idolised?

'How can I possibly be on the list with these writers I have idolised?'

Man Booker Prize nominee Anna Smaill on the rise of Kiwi lit
Bettany Hughes interview: The historian on how Socrates would have solved Greece's problems

Bettany Hughes interview

The historian on how Socrates would have solved Greece's problems
Art of the state: Pyongyang propaganda posters to be exhibited in China

Art of the state

Pyongyang propaganda posters to be exhibited in China
Mildreds and Vanilla Black have given vegetarian food a makeover in new cookbooks

Vegetarian food gets a makeover

Long-time vegetarian Holly Williams tries to recreate some of the inventive recipes in Mildreds and Vanilla Black's new cookbooks
The haunting of Shirley Jackson: Was the gothic author's life really as bleak as her fiction?

The haunting of Shirley Jackson

Was the gothic author's life really as bleak as her fiction?
Bill Granger recipes: Heading off on holiday? Try out our chef's seaside-inspired dishes...

Bill Granger's seaside-inspired recipes

These dishes are so easy to make, our chef is almost embarrassed to call them recipes
Ashes 2015: Tourists are limp, leaderless and distinctly UnAustralian

Tourists are limp, leaderless and distinctly UnAustralian

A woefully out-of-form Michael Clarke embodies his team's fragile Ashes campaign, says Michael Calvin
Blairites be warned, this could be the moment Labour turns into Syriza

Andrew Grice: Inside Westminster

Blairites be warned, this could be the moment Labour turns into Syriza
HMS Victory: The mystery of Britain's worst naval disaster is finally solved - 271 years later

The mystery of Britain's worst naval disaster is finally solved - 271 years later

Exclusive: David Keys reveals the research that finally explains why HMS Victory went down with the loss of 1,100 lives
Survivors of the Nagasaki atomic bomb attack: Japan must not abandon its post-war pacifism

'I saw people so injured you couldn't tell if they were dead or alive'

Nagasaki survivors on why Japan must not abandon its post-war pacifism
Jon Stewart: The voice of Democrats who felt Obama had failed to deliver on his 'Yes We Can' slogan, and the voter he tried hardest to keep onside

The voter Obama tried hardest to keep onside

Outgoing The Daily Show host, Jon Stewart, became the voice of Democrats who felt the President had failed to deliver on his ‘Yes We Can’ slogan. Tim Walker charts the ups and downs of their 10-year relationship on screen