A survey of new homeowners and potential first-time buyers revealed nearly one fifth think it works out cheaper to get on the property ladder than to rent.
Almost a quarter also believe buying is an investment for the future.
However, there are notable regional variations. In the South East 42% believe that it makes financial sense to buy compared to just 25% in the rest of the country.
More than half of those surveyed said they rented a property before buying their first home, although 7% admitted they had to give up their rented property and move back in with parents or a friend or family member so that they can save up enough for a deposit on their first home.
Andrew Pearce, retail director for Clydesdale Bank, said: “We understand how difficult it can be to take the first step onto the property ladder and are one of the few lenders still offering 95% mortgages to support first-time buyers.”
Clydesdale and Yorkshire Banks have a range of mortgages for first-time buyers including a 90% LTV rate of 5.99% and a 95% LTV rate of 6.49%, both fixed for three years with no arrangement fees.
