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98% of adults still living with their parents can't afford to buy the average #FirstTimeBuyer home in their local authority area based on their own financial situation. That's the stark truth uncovered in the third edition of our Skipton Group Affordability Index. Even if you remove the barrier of a deposit, 97% remain priced out, facing unaffordable housing costs if they were to move out. This Index dives beneath the headline averages to reveal the people and regions most affected. Because the first step to solving the problem is making sure it's recognised and understood. 👉 Explore the findings here: https://lnkd.in/ezSENYt9 #SkiptonHAI

I remember getting the keys to our first house in London decades ago, it was a big moment! However, it is getting increasingly hard for young adults and we refuse to write off a whole generation. However, the statistics make for grim reading… 98% of adults still living with their parents cannot afford to buy the average #FirstTimeBuyer home in their local authority area based on their own financial situation. That's one of the stark findings from the Skipton Group Home Affordability Index, launched today. The Index shines a spotlight on the reality facing millions across Great Britain. It reveals a housing ecosystem that is locking too many people out of independence, home ownership and long-term financial security. By tracking affordability across every region, the Index exposes the depth of the challenge and provides a foundation for a better conversation on how we rebuild a system that works for everyone. At Skipton Group, we seek to give even more people the chance to own a home, help people save for life ahead, and support long-term financial wellbeing. Research like this, alongside our lending and estate agency network, is central to our work. However, we can’t do this alone. We need to build more of the right homes, create innovative and affordable finance solutions and reform property taxes. #SkiptonHAI

The housing crisis isn't just about London and the South East. It's national. Our Home Affordability Index shows that in every region of Great Britain, fewer than 10% of adults living with parents can afford the average #FirstTimeBuyer home in their local area. In London, the East of England and the Southwest, affordability falls to below 1.5%. This is a generational challenge with implications for independence, home ownership and financial stability. #SkiptonHAI

The Skipton Home Affordability Index reveals that even removing the deposit barrier leaves 97% priced out, facing unaffordable living costs if they move out. These are the realities shaping our market and show why employees, brokers and intermediaries all play a vital role in helping customers navigate the challenge. Together we can bring these insights to life and work towards solutions that make a difference. #SkiptonHAI

98% of adults living with parents cannot afford the average #FirstTimeBuyer home in their local authority area on their financial situation - even without the deposit barrier, 97% remain locked out. The Skipton Home Affordability Index reveals a systemic crisis of opportunity. Urgent policy action is needed to restore independence and stability for a trapped generation. #SkiptonHAI

Our latest Home Affordability Index shines a light on the scale of the challenge facing #FirstTimeBuyers. With 98% of adults living at home unable to afford the average #FirstTimeBuyer home in their area based on their financial situation, it's clear it's a national issue. At Skipton Group, we're proud to share insights that help colleagues, partners and advisors spark meaningful conversations and inspire action. #SkiptonHAI