The research, carried out by YouGov, represented 1667 adults from across the UK and explored the various barriers and attitudes to home ownership.

The polling found that, of all respondents who didn’t currently own their own home, 61% aspired to become homeowners. This increased to 88% in the 18-24 age bracket.

In Scotland alone, 51% of people surveyed who do not currently own their own home outright aspire to do so, however, 64% of those who aspire to own outright don’t feel confident that they will be able to do so within the next five years.

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Home Group said the findings show that it could take decades for a significant proportion of respondents to raise the £33,000 needed for the average first time buyer deposit.

Mark Henderson, chief executive at Home Group, said: “We already know that 87% of our customers aspire to own their own homes, so, as a housing provider, we need to respond to these results to enable our customers to achieve their aspirations.

“Our role as an organisation goes beyond building the homes that Britain needs. We also have a responsibility to enable independence and support aspirations, which is precisely why we continually look at new and innovative ways in which to do this.

“Not only does this provide new opportunities for our customers, it also frees up much needed funds for Home Group as an organisation to invest in building more homes and providing more services for the people who need them the most.

”With this in mind we provide a range of home ownership options for our current and prospective customers – from outright sales and shared ownership to innovative and accessible new products that allow people to take their first step onto the property ladder.”