Shared home ownership comes with ‘longer-term financial risks’, NAO warns

The report found that the complexities of service charges and ‘staircasing’ – where customers increase the proportion of the property they own rather than rent - make the product hard for consumers to understand. The post Shared home ownership comes with ‘longer-term financial risks’, NAO warns appeared first on Property Week.

HBF report shows widening gap in UK home ownership

UK home ownership is facing ever increasing challenges according to a new HBF report, including affordability gaps and high deposit needs. The post HBF report shows widening gap in UK home ownership appeared first on Planning, Building & Construction Today.

Dirty money inflating London house prices by £11,000 on average, research reveals

SmartSearch has said that money laundering and illicit wealth are making home ownership increasingly unattainable for ordinary families by driving up prices. The post Dirty money inflating London house prices by £11,000 on average, research reveals appeared first on Property Week.

Parliament committee launches inquiry on affordability of home ownership

The Housing, Communities and Local Government Committee will examine the barriers faced by first-time buyers. The post Parliament committee launches inquiry on affordability of home ownership appeared first on Property Week.

Reeves set to relax mortgage lending rules to boost home ownership

Chancellor says more high loan-to-income ratio mortgages will be available after ‘Leeds Reforms’

CNBC - Why it's so hard to buy a home in London 11042022

The number of 20 to 34 year olds living with their parents in the U.K. has risen by 49% since the turn of the century, data from the country’s Office of National Statistics shows. Rising house prices, high rents and low salaries are to blame, according to Michael Edwards, a University College London lecturer and expert on the relationship between property markets and planning. These factors prevent young people from getting on the property ladder. So why are London houses so expensive?

Lei's Real Talk - China’s real estate bubble explained and compared to Japanese real estate crisis 1990s

In the first half of this year, 12 Chinese real estate companies defaulted. And now, since the Evergrande debt crisis has been intensifying, 274 real estate companies across China declared bankruptcy. How big is the Chinese real estate bubble? How does it compared to the Japanese real estate crisis in the1990’s? What’s the financial market outlook?