Renters constrained by deposit

The most expensive home someone can afford to buy depends on their deposit and their income, which determine how much they can borrow. For 75% of renters, their deposit caps how much they can borrow; for the other 25% their income does. https://t.co/ylxp7PGqhS #BankOverground pic.twitter.com/VCHAZsqm8R

— Bank of England (@bankofengland) May 20, 2021

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