The survey of 1,000 young people across the UK by My House Move found that 29% of respondents favoured the idea of a caravan, followed by a lodge (24%) and canal boat (13%).

Doug Crawford, CEO of My Home Move, said: “Being able to own your own home is still an aspiration for most young people.

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“However, despite the Help to Buy schemes, a rise in gifted deposits and shared ownership programmes, the reality is that for many, getting on the property ladder is still too expensive. 

“These findings suggest that as an industry we could do more to support aspiring homeowners by developing and providing inventive housing solutions. 

“Affordable housing doesn’t just need to be a brick-built starter home.

“Instead the concept of modular housing or inexpensive designs – which replicate elements of a lodge or caravan – could be employed to help young people realise their dream.

“Maybe what we need to consider is instead of there being a first rung to the housing ladder, we need a base plate which can be accessed by all aspiring first-time buyers.”