With house prices on the rise again and lending criteria not getting any more lenient less and less young people are jumping on the property ladder.

It is currently estimated that people in their 20s and 30s will own just 1.7 homes on average in their lifetime compared to the over-50s who will own almost twice as many at 3.2 homes.

Recent research by LV= home insurance (who surveyed 2,000 people across the UK) said that rising house prices and stricter lending criteria have resulted in the younger generation making fewer moves up the property ladder.

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