Evening Standard: "Londoners need £57,000 to get on housing ladder"

Link to Evening Standard

"Struggling young buyers in London need a deposit of £57,175 to get a foothold on the property ladder, a report claimed today.

"The vast sum required to obtain a mortgage on a typical first-time property is more than twice the £27,537 average for the country as a whole, according to the Halifax’s Generation Rent report."