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.
Banks on Presidentsâ Day. But not all banks are closing on Presidentsâ Day. For instance, Wells Fargo, TD Bank, and Chase Bank will all be open on Monday. Open banks on Presidentsâ Day also include a number of smaller, local banks. Closed banks on Presidentsâ Day include Capital One, Bank Of America, U.S. Bank, Citibank, HSBC, and Sovereign Bank. Of course, all of these banks will resume normal hours on Tuesday. Federal Government. When it comes to closings on Monday, you have to be ...