Most trapped renters not looking to buy

42% of so called ‘trapped renters’ are currently saving for their deposit to buy a property according to Rightmove’s latest survey.

Miles Shipside, Rightmove director and housing market analyst comments:
“For those who haven’t started saving, home-ownership must seem so far away that many find themselves in a hopeless situation. On average, the monthly rent accounts for 37% of tenants’ take-home pay and even those that are able to save anything at all are only saving around 10% of what they bring in each month.”

Read more Rightmove tenant data here

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