Using recently published Government data, new research by Paragon has shown that the North West is the most affordable region for tenants, followed by North East and Yorkshire.
With a number of the UK's coastal cities home to universities, student accommodation platform, Uni Homes, has highlighted which are home to the lowest rental outgoings for students keen to study by the sea.
New build property across England and Wales was 9.5 times the average salary in 2020, improving for the third year in a row, according to the latest figures released by Paragon.
Demand for open space and greener surroundings is nothing new in the property market. However, fuelled by three national lockdowns due to the pandemic, the desire to escape to the country has never been stronger.
With the average price of a home in the UK currently standing at £251,500, prices must drop by an average of 44% across the UK before those who dream of owning a home who are on an average annual UK salary can do so, according to Open Property Group.
Carmarthenshire is the most affordable rental location for successful self-isolation, research from Hamilton Fraser’s deposit replacement scheme, Ome, has found.
The latest data and analysis from the Office for National Statistics has revealed that low rates in the housing market have helped to improve the affordability of homes in the UK.
Insurance giant Legal & General has earmarked UK pension money to be spent on affordable housing for the first time, with £100 million of new financing secured.
The West Midlands Combined Authority (WMCA) has redefined ‘affordable housing’ to mortgages or rent costing less than 35% of the lowest quarter of wage earners in the local area.
What we've learned from nearly 200 years of housing data - and is property really a better investment than a pension?
During the 1970s and 1980s, mass homeownership combined with high inflation and high interest rates to create the concept of the “housing ladder.”
Grays in Essex ranked as best-value location within hour of London
Recently released Government housebuilding data contains a pleasant surprise – the number of new dwellings in England was over 241,000. This is the highest rate of housebuilding in England since the target for 240,000 new homes a year for the UK was set back in 2007.
Benefit cuts, high rents and a lack of social housing have left thousands stuck in temporary homes. We identify the providers making millions from the families in their squalid accommodation
Introducing rent controls in Manchester would choke of the supply of homes to rent making it more difficult of tenants to find a place to live, according to the lettings industry.
Government’s benefit freeze ‘pushing low-income families to the brink’.
The current average price of a new build home in Britain is £295,950, with a 10% deposit £29,595 taking 14.9 months to save based on an average monthly net salary of £1,993, new research has found.
Research shows incomes rising faster than house prices, but London's stock is still 13 times more expensive than the average salary.
Housing affordability in England and Wales stayed at similar levels in 2018, following five years of decreasing affordability, but new homes are less affordable, official data shows.
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