Homes being built today could become uninsurable because of flooding, Aviva chief executive Amanda Blanc has warned. Based on current building patterns, 115,000 new homes will be built in flood zones over the next decade. The warning exposes a conflict…
More than 1.1 million low-income families in privately rented homes face a growing struggle to cover their rent after Local Housing Allowance was frozen while market rents continued to rise. The Resolution Foundation has warned that without action from John…
Private rents across the UK have begun accelerating again after a three-year slowdown, with tenants warned that increases could reach 4 percent or 5 percent by the end of the year. The average rent advertised for a new tenancy was…
Labour has announced where more than 70,000 social and “affordable” homes will be built over the next decade, allocating almost £10 billion across Greater Manchester, the West Midlands, West Yorkshire, South Yorkshire, North East England and Liverpool. A further £6…
For years, politicians, banks and the media have told workers that the main barrier to buying a home is saving a deposit. Work hard, tighten your belt, skip a few luxuries, and eventually you’ll get your foot on the property…
Property prices are up 1.6 percent since March of last year, despite having fallen by 0.2 percent in the last month. Buying a typical home on an average salary of £35,000 today would mean that you pay out 40 percent…
NatWest’s chair, Sir Howard Davies, has told the BBC that he believes it’s not difficult for people to get on the property ladder. “You have to save, and that’s the way it always used to be,” he told the Today…
Research by the Centre for Social Justice (CSJ) think tank says the most disadvantaged are no better off than they were 15 years ago. It warns of a widening gap between the haves and have nots. “The UK is in…
