Deposits dropping off

Fewer renters saving for new home amid living costs squeeze

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Fewer renters reported they are actively saving for a deposit in July, compared with the start of this year, a survey indicates.

Less than a fifth (17%) of those surveyed in July are actively building a house deposit, down from around three in 10 (31%) when similar research was carried out in January 2025, the Barclays Property Insights research found.

Nearly two-thirds (62%) of renters in the latest survey said they have seen, or expect to see their rent increase this year, squeezing their ability to save for a deposit.