A MASSIVE 94 per cent of aspiring home owners stuck in the rental trap believe the Government is not doing enough to help. Campaigners for would be home owners, FirstRungNow Ltd, have undertaken a survey to gauge the thoughts and feelings of potential buyers stuck in the trap or living with parents.

A frustrated 81 per cent said they would prefer to be home owners and the same number answered that they simply couldn’t afford to buy a place of their own.

When asked if they thought it would be easier or harder to buy in six months’ time, 91 per cent thought it would be harder or the same, indicating they did not foresee a significant decrease in entry-level house prices.

With property prices generally expected by respondents to either hold or increase, depending on where they were living, 41 per cent of respondents said they would consider buying with friends or family to get onto the property ladder. Of the group who were already sharing rented accommodation, the figure was higher; almost half, 48 per cent would consider joint ownership.

Of the total sample, 94 per cent of respondents thought the Government should do more to help people out of the rental trap and 42 per cent felt that mortgage lenders were not recognising their needs.