Problems With The UK Housing market

Why Is The UK Housing Market Struggling?

There are several major issues preventing first time buyers from entering the housing market in the UK.

The first of these is a shortage of supply. For decades we have built less new houses than the market required, which on the one hand does support house prices for existing home owners, which is important for personal wealth.

This shortage is magnified by the bank industries trials and tribulations which have resulted in a complex set of lending rules which mean that banks are only prepared to lend to people who Continue reading “Problems With The UK Housing market”