Two set of figures out recently show that an increasing amount of first time buyers are facing a difficult path ahead as the gap between earnings and house prices contines to grow. Mortgage repayments have consumed the greatest proportion of take home pay for the last 17 years. The lowest earners as well as first [...]

The gap between how much people earn and the cost of buying a new house has been highlighted with a report out revealing that the average house now costs well over the five times the average first time buyer’s income. Meanwhile the tyical home loan lender only offers four times salary. The study released by [...]

Rapid house price inflation in the South of England has seen the average cost of a home in London exceed £300,000 which is double the average house price in the North of the UK. However, aside from a few critical hotspot areas such as London and the South East, there are considerable signs that the [...]