Figures from building society Nationwide show one in four private renters think the pandemic has made it more difficult for them to buy a home. Sharp rises in house prices over the last year, driven by demand being stoked by the stamp duty holiday and prospective homebuyers rushing to snap up larger properties with gardens, has reduced housing affordability for first-time-buyers. Research from property search site Rightmove shows house prices jumped 5.7 per cent annually in July to reach a record high. Read more on the City AM website.
https://www.cityam.com/covid-sharpens-inequalities-in-uk-housing-market/
No comments:
Post a Comment