More than a million Brits under 45 could rule themselves out of the first-time buyer market due to pressures caused by the cost-of-living crisis, new Aviva research revealed.

The survey, focused on under 45s who have never owned a property, identified that just under half (46 percent) of those asked were not currently house-hunting, but intend to in future, with a further 16 percent saying they have no intention of doing so.

Of these, one in five (20 percent) specifical...