Evening Standard: "Mortgage deposit for first-time buyers will hit £100,000 by 2020, says study"

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"The average mortgage deposit for first-time buyers in London will soar beyond £100,000 by 2020, a major report warns today.

"That will make home ownership an 'impossible dream' for all but the wealthiest young Londoners, as foreign investors and City professionals snap up most new flats and houses, it says.

"The grim prediction comes as an Evening Standard analysis of Greater London Authority figures found levels of home ownership in freefall among the under-35s."