60% of renters 'want to buy home'

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The proportion of "trapped" tenants living in the rental sector has reached its highest levels in more than two-and-a-half years despite government efforts to make the jump on to the property ladder easier, a study has found.

Three-fifths (60%) of renters said they cannot afford to move out of the sector, showing an increase from 58% three months ago and marking the highest proportion recorded in property website Rightmove's findings, which started in 2011.