The ‘naive’ views of the baby boomer generation have cost our young people their future and a stable home Until around the year 2000, homeownership was increasing in the UK. Since then, most growth has been in rented accommodation, taking [...]
Runaway housing costs have become one of the most pressing issues for low-income households in the UK. House prices are now two-and-a-half-times higher in real terms than they were in the mid-1970s, and rent levels have followed closely. What is [...]
People are growing in confidence about the housing market, two new surveys have claimed. A third survey separately pinpoints growing optimism among first-time buyers. Halifax said this morning that 39% of respondents to its ‘Housing Market Confidence tracker’ poll believe [...]
The number of people in work but forced to claim housing benefit has doubled in three years due to the spiraling cost of renting a home in England. Research carried out by the housing charity BSHF analysed figures from the Department for [...]
The game of rent rises continues as recent figures show the value for let homes in Britain has soared 42% to £840bn. A side-effect of the Bank of England’s monetary policies over the last four years has been to protect [...]
The average price of a home rose by £844 in January, according to the latest Halifax House Price Index, as record low interest rates continued to support demand. Halifax reported a 0.6 per cent increase in prices, taking the average [...]
Statistics from the Land Registry, (which marks its 150th anniversary this year), has released the following information for last year. The most expensive property sold in England and Wales was £19.25m for a detached house in Hampstead, north London The cheapest [...]
Residential property prices in the UK have ended the year much the same price as they started with values increasing just 1% over the last 12 months, the latest report published today (Friday 30 December) by the Nationwide shows. House [...]
A study carried out by the Halifax has revealed that affordability of homes for first-time buyers is at its highest level for eight years. The First-Time Buyer Review calculates affordability based on prices lower than people on average earnings in [...]
