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Graduates kept off the home ladder

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A quarter of graduates claim they will not be able to get on to the property ladder for the forseeable future because of their student debts, research showed this week.Only one in 10 people who have left university since 2001 currently own their own home, with 58 per cent saying they have been unable to purchase somewhere because of their debts, according to debt consultancy Thomas Charles.


Just over a third of those questioned said they thought the amount they owed would delay them from buying a house for up to three years, while 23 per cent did not think they would be able to buy for between three and five years and 19 per cent expected to have to wait for between five and 10 years.Click here to read more.
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