Graham earned £126,000 last year but says he has virtually nothing left in the bank each month.Photograph: Graham Robinson

'Most people my age have written off buying a home'

Louie, 24, a chef living in London, says a lot of people have "written off the idea of even considering getting a property" in their 20s.

He is optimistic about the government's new Your First Home scheme, which will enable people to buy a new-build property with a deposit of just 2.5%, supported by an interest-free equity loan.