---
title: More people choosing to rent - study by the Halifax - Censeo Financial
description: A new study by the Halifax shows that we are starting to become a nation of renters, with fewer young people being prepared to spend several years saving for a decent deposit. According to the bank, the average first time buyer deposit now stands at £26,956. Yet one third of those in the 20-45 age... Read more »
---

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# [More people choosing to rent - study by the Halifax - Censeo Financial](https://censeo-financial.com/news/more-people-choosing-to-rent-study-by-the-halifax)

 Written by [admin](https://censeo-financial.com/news/author/admin) | Jun 17, 2013 12:14:12 PM

A new study by the Halifax shows that we are starting to become a nation of renters, with fewer young people being prepared to spend several years saving for a decent deposit.

According to the bank, the average first time buyer deposit now stands at £26,956. Yet one third of those in the 20-45 age bracket, say that they cannot afford to save anything at all.

Halifax claim this will have a profound effect on the UK housing scene as more people choose to rent rather than buy,

[**Click here**](http://www.guardian.co.uk/money/2013/jun/17/generation-rent-younger-people) for the full story.

[View full post](https://censeo-financial.com/news/more-people-choosing-to-rent-study-by-the-halifax)

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