Posts tagged Housing
The return of 100% mortgages

Although some have expressed concerns about the return to 100% mortgages, their very existence is a symptom of the wider housing crisis in this country. Although the ‘Help to Buy’ programmes have encouraged and assisted people onto the housing ladder, the average first time buyer in this country is still in their 30s. Faced with extortionate rent prices, one can understand why young people find it difficult to save.

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Killing the goose that lays the golden eggs: Considering “use it or lose it” proposals

These proposals fail to understand how house building works and why investors stand by these businesses.  What’s needed is additional support for sites with large costs and low land values; a continuation of greater mortgage availability and the feel good factor that comes from economic growth.

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