New research has revealed that despite the average UK tenant spending over a third of their take-home salary on rent, it is far higher in some areas.
Related topic: Affordability
Soaring house prices alongside the wider impact of the cost-of-living crisis have reduced a growing number of renters’ aspirations to own.
First-time buyers are moving further away to secure a spot on the property ladder due to a lack of suitable properties and affordability constraints.
A new survey has revealed that 35% of UK households would consider moving out of the area they grew up in and into a more affordable area to get on the property ladder.
New rental affordability research has revealed that the average UK tenant has been found to spend 35.7% of their salary on rent.
Mortgage rates are forecasted to fall as lenders take advantage of cheaper funding after figures show that average swap rates have started to fall.
First-time buyers in Wales are looking furthest afield, according to the research.
Today’s first-time homebuyers are paying far more than their parents did, according to new research from My Home Move Conveyancing.
As a new Nationwide survey released this week highlighted that rising house prices were the main reason first-time buyers are delaying their plans, new research reveals the areas of...
While the BSA admits to there being no 'silver bullet' to eliminate the escalating financial barriers faced by first-time buyers, it is calling on the government to make homes more...
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