These are the latest statistics to come out from Shelter, emphasising the growing housing crisis for thousands of 20-34 year olds in England. This phenomenon is being dubbed ‘the clipped wing’ generation. This age group have been given many names, first, it was the millennials for being born during the millennium, generation Y to precede […]
Read More… from 1 in 5 young and employed moving back in with parents
This may sound like a scene out of a science fiction film and when you imagine what your first property may look like, you may be picturing a beautiful solid oak kitchen, a power shower and a bedroom large enough to accommodate all your belongings. But can you imagine yourself living in a house where […]
Woolwich at Royal Arsenal has received the first wave of competed homes to be constructed. First Crossrail homes completed have been built above a new Crossrail station in preparation for the new transport system to commence by 2018. More than one thousand homes have been developed as part of two separate developments, one of which […]
Turn on ITV at 9pm and you’ll most likely be greeted by the latest period drama boasting stately homes, acres upon acres of gardens and the richest Brits around. Back then the only way to make an exhibition of your wealth was by owning the biggest, tallest house on the manor. Drawing rooms, libraries and sweeping […]
It’s all well and good buying the house of your dreams and finally claiming a spot on the property ladder, but the minute you own the keys and contract to your new property, you are in charge of paying off your mortgage which has enabled you to make your house a home. The latest figures […]
To build or not to build is not exactly a choice for the British population. Many areas of the UK have been promised new housing developments to accommodate a growing population. The latest statistics from ONS has reported that new home building is up by 15 per cent year on year. There were 131,000 new homes […]
Getting onto the property ladder is a difficult transition in itself and with it comes a huge financial responsibility. In our generation, first time buyers are narrowing significantly and it is far more difficult to own one property, let alone own another. However, the Department for Communities and Local Government as part of the English […]
The Crossrail project is heavily underway and with new stations planned and under construction, the new line will serve a greater purpose for Londoners, further extending the tube map to areas which have never had an easy route into London. The latest news off the press is that West Ealing has green light for Crossrail […]
Today, the ONS released a detailed housing statistics report based on the cost of private renting and how affordable it is in the current economic climate. […]
ONS Private Housing Statistics have been released showing the latest housing summary measures providing a broad overview of the availability and affordability of privately owned houses. Taken from local authorities in England and Wales, the measures have been used to identify relationships between availability and affordability, looking at annual salary as an example. The report has looked […]
Information released today from the Office of National Statistics has revealed that the property debt crisis in Great Britain is worsening, as is the financial debt situation in general. Using evidence from the Wealth and Assets survey, the self-reported burden of property debt was investigated, highlighting the financial crisis Brits currently face. Property debt is […]
The ONS published an article on Friday shining a light on the eight largest city regions outside of London. These include West Midlands, Greater Manchester, Bristol, West Yorkshire, Nottingham, Sheffield, North East and Liverpool. A handful of these regions could, in the coming weeks, negotiate an increase in devolved powers from the capital. There has […]