House Prices Keep Most Graduates off the Property Ladder

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Byline: By Emily Lambert

More than half of people who graduated in the past 10 years have not been able to buy their own home, research published today shows.

Only 44% of people who left university over the past decade have got on to the property ladder, according to Scottish Widows Bank.

Seven out of 10 people who have not yet bought their own place said unaffordable house prices are the biggest barrier preventing them from getting onto the property ladder.

Debt is also an issue for struggling first-time buyers, with the average graduate owing pounds 10,586 in unsecured loans and on credit cards.

Among those who have bought their own …