Low-to-middle income households are likely to be shut out of home ownership for a lifetime.

High average first-time buyer house prices and more restricted loan-to-value mortgage advances mean that the average low-to-middle income household putting aside 5 per cent of their disposable income each year would have taken 31 years to save a deposit in 2010, up from just eight years in 1983. 

The report proposes a new approach to build-to-let development, demonstrating that institutional investment has the potential to be part of the solution to meet the housing needs of those on low-to-middle incomes who are unable to buy a home.

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