affordability

Research finds shared ownership is still too expensive for many first time buyers

Shared ownership schemes in the UK designed to help first time buyers onto the housing ladder are still unaffordable and put the majority of properties out of reach, new research has found. A report from consumer organisation Which? reveals the true scale of how unaffordable shared ownership schemes are in some areas, particularly Greater London. […] The post Research finds shared ownership is still too expensive for many first time buyers appeared first on PropertyWire . Continue reading

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Housing stock value growth shows extent of US property market recovery

The total value of housing stock in the United States grew to a record high $29.6 trillion in 2016 with the market seen strong growth, according to the latest analysis report. Overall the residential real estate market grew 5.7% or $1.6 trillion in value and regained what was lost during the economic crisis that followed […] The post Housing stock value growth shows extent of US property market recovery appeared first on PropertyWire . Continue reading

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Tougher lending criteria and tax change set to affect majority of UK landlords

The majority of landlords in the UK believe they will be affected by the new tougher mortgage affordability tests and by income tax changes due to be introduced in April of this year. Some 60% said they believe they will be directly affected by income tax relief changes but 29% said that they would not, […] The post Tougher lending criteria and tax change set to affect majority of UK landlords appeared first on PropertyWire . Continue reading

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