| Saving for a deposit and affording repayments remain the most significant barriers to UK homeownership | First-time buyers face particular pressure, with many unable to borrow enough to match property prices | Clear planning and professional advice can help break down challenges into achievable steps |
Research1 confirms that the biggest obstacles to homeownership in the UK remain financial, with many aspiring buyers still struggling to take their first step onto the property ladder.
According to the findings, raising a sufficient deposit and affording monthly mortgage payments are the principal hurdles for would-be homeowners. Around six in ten potential buyers cite saving for a deposit as their main challenge, while more than half say the cost of mortgage repayments is a major barrier to buying a home.
Affordability pressures hit first-time buyers hardest
The ongoing affordability crisis is particularly acute for first-time buyers. Research suggests that despite recent efforts to make borrowing easier, nearly half of aspiring buyers feel they cannot secure a mortgage large enough to meet property prices, highlighting continued financial strain. Uncertainty about tax policies such as Stamp Duty has also emerged as a growing factor in discouraging home purchases, adding to the sense of caution among potential buyers.
Building confidence through planning and advice
While confidence in the housing market remains cautious, this uncertainty highlights the value of having a clear plan in place. Many people feel hesitant about buying due to concerns around affordability, deposits and mortgage repayments, as well as wider economic conditions. However, with the right guidance, these challenges can often be broken down into manageable steps.
We can help you understand what is realistically achievable, explore your mortgage options and create a structured plan towards homeownership.
1BSA, 2025
It is important to take professional advice before making any decision relating to your personal finances. Information within this article is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored advice and is for guidance only. Some rules may vary in different parts of the UK.
