It’s a messed up market that doesn’t have an easy solve. It’s an accumulation of 25 years of failed policies.
With the interest on mortgage products being as high as it is – it means that buy-to-let / interest only landlords are putting the rents up to keep the same income they had before and also cover the higher interest rate.
It means that a couple that’s trying to buy their first property is renting for longer to save up.
It means that a small family that was looking to upgrade, is now thinking of staying in a smaller house.
Politics (local & national) messed up on the multi property landlord front, on not building enough housing, on selling council housing and not building almost any new units, etc.
1 comment
It’s a messed up market that doesn’t have an easy solve. It’s an accumulation of 25 years of failed policies.
With the interest on mortgage products being as high as it is – it means that buy-to-let / interest only landlords are putting the rents up to keep the same income they had before and also cover the higher interest rate.
It means that a couple that’s trying to buy their first property is renting for longer to save up.
It means that a small family that was looking to upgrade, is now thinking of staying in a smaller house.
Politics (local & national) messed up on the multi property landlord front, on not building enough housing, on selling council housing and not building almost any new units, etc.