Tag: affordability
UK’s housing market booms as prices stabilise
The UK’s housing market is experiencing a sales boom with a 12% increase in agreed sales compared to last year, according to...
BTL market shows signs of stability after months of decline
The buy to let mortgage market appears to be stabilising after a period of significant product reduction, according to new data.
The...
Rent rises outpace earnings to hit tenant affordability
Over the past 10 years, the cost of rent has significantly outpaced wage growth, leaving many tenants struggling to afford their homes,
Universal Credit claimants face housing affordability cri...
Universal Credit claimants face a severe shortage of affordable rental properties, with a recent rise in housing benefit failing to...
First-time buyer numbers surge in 2024
First-time buyers are a driving force in the housing market this year, making up a record one-third (33%) of all purchases in Great...
Rent growth slows as rented homes take longer to let
The rate of rent increases is slowing down, but tenants are still facing significant rises, the latest data from Hamptons reveals.
Young renters priced out by deposit and rent costs
The harsh reality of renting in the UK for young people has been revealed by a report which highlights that just 7% of the rental market...