ownership

Report brands new homes in England as unaffordable and of poor quality

The current system of house building in England is failing families by producing high priced and poor quality homes that eight in 10 families cannot afford, a new report claims. Some 83% of families who rent cannot afford to buy a typical new build home across the country even if they used the Government Help […] The post Report brands new homes in England as unaffordable and of poor quality appeared first on PropertyWire . Continue reading

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Number of households in England, rented and owned, not changed in a year

There has been no change in the number of people in England owning their own homes in the last three years and the private rented sector has stalled in the last 12 months, the latest official data shows. Of the estimated 22.8 million households in England some 14.3 million or 63% were owner occupiers in […] The post Number of households in England, rented and owned, not changed in a year appeared first on PropertyWire . Continue reading

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Official data shows where homes in England and Wales are least affordable

A quarter of neighbourhoods in England and Wales were off-limits to many prospective home owners last year because average income in these areas was below the level needed to buy, new research suggests. According to analysis of data from the Office of National Statistics (ONS), the cost of an entry level property on average across […] The post Official data shows where homes in England and Wales are least affordable appeared first on PropertyWire . Continue reading

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