{"id":82121,"date":"2023-11-26T12:25:47","date_gmt":"2023-11-26T12:25:47","guid":{"rendered":"https:\/\/posterboyedit.com\/?p=82121"},"modified":"2023-11-26T12:25:47","modified_gmt":"2023-11-26T12:25:47","slug":"first-time-buyers-losing-confidence-theyll-get-their-dream-homes-research-reveals-the-sun","status":"publish","type":"post","link":"https:\/\/posterboyedit.com\/lifestyle\/first-time-buyers-losing-confidence-theyll-get-their-dream-homes-research-reveals-the-sun\/","title":{"rendered":"First-time buyers losing confidence they'll get their dream homes, research reveals | The Sun"},"content":{"rendered":"
FIRST-TIME buyers are losing confidence that they will meet their homeownership goals, after a difficult 12 months navigating rising costs and mortgage market uncertainty, research has revealed.<\/p>\n
A biannual study of 1,000 aspiring homeowners in the UK, found that while 35 per cent feel optimistic about becoming a homeowner \u2013 this is down from 42 per cent a year ago.<\/p>\n
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Over half (58 per cent) say they have pushed back their home-buying goals and now plan to buy later than previously hoped.<\/p>\n
With only 10 per cent believing they will be able to buy within 12 months, down from 35 per cent in November 2022.<\/p>\n
Two-thirds (64 per cent) said the cost of living has impacted their disposable income, making it harder to save a deposit, while 51 per cent are concerned about high-interest rates, the research commissioned by Moneybox Homebuying found.<\/p>\n
Despite this, becoming a homeowner remains a priority for 82 per cent, with half saying this financial goal is very important to them.<\/p>\n