According to new figures from MoneyExtra, increased deposits on property are leaving consumers struggling with greater debt problems.
The group reported that the average mortgage deposit put down by first-time buyers in February was almost 11 per cent higher than a year ago.
A spokesperson for the website commented that the young seemed most affected. "Young people attempting to get onto the housing ladder are required to save a figure effectively equivalent to more than a year-and-a-half's average earnings."