Today, the average first-time buyer spends Â£147,000 on their first home, with a 20pc deposit of Â£29,400 and a mortgage worth Â£117,600. The average income is Â£35,918 and the average deposit as a percentage of income is 82pc â eight times that of their parents in 1983.
Most banks will be open regular hours on July 3, the day the federal government observes the holiday. On Saturday, July 4, the majority of banks and credit unions will close, but several banking institutions will be open regular business hours or special holiday hours. If you do your banking at Bank of America, CitiBank, Chase, Citizens Bank, get your banking done on Friday â all branches will be closed on July 4.
1 American Chartered Bank: Columbus Day is one of the few national holidays that this Chicago-based bank remains open. 2  American Interstate Bank: Bank hours at branches in the Omaha, Neb., area are open from 8 a.m. to 5 p.m.  Chase Bank: All of the bank's walk-in branches are open.