First time buyers are increasingly looking abroad in an attempt to get on the property ladder.

According to a recent survey by the National Savings and Investments, 84% of the 18-24 year olds said they believed buying a property abroad was a more viable option than buying in Britain. With prices as little as £30k in countries such as Bulgaria and Egypt, no wonder an increasing amount of first time buyers are choosing to do down this route.

Kash Ijaz, business development manager of nomorehotels.co.uk explains "Rental income from an overseas property could easily fund the monthly rent in the UK whilst the capital appreciation from a few years of ownership of an emerging market could eventually fund that all important deposit to purchase in the UK at a later stage in their lives".