News Tag: affordable
August 20, 2010
Britain's homeowners are typically finding their mortgage repayments twice as affordable as when house prices peaked, in 2007.
Research from Halifax has revealed that in June, the average monthly mortgage repayment accounted for 28% of disposable income, compared to 50% three years ago.
However, first-time buyer numbers fell to 94,600 in the first six months of 2010, half the number for the ...
Mortgage affordability fails to impress first-time buyers
by Gill Montia
June 2, 2010
Those with a yearning to live by the sea should head north, according to research from Halifax.
The lender has declared Withernsea in the East Riding of Yorkshire the most affordable seaside town in England and Wales, with house prices typically three times local annual gross average earnings.
All ten most affordable seaside towns are in northern England, whereas Sandbanks in Dorset ...
Head to Withernsea for affordable seaside homes
by Gill Montia
February 23, 2009
A newly formed body is urging the Government to build more than 100,000 affordable homes over the next two years.
The 2020 Group, which is chaired by former Government housing adviser, Kate Barker, is arguing that the economy could be kick-started by a building programme on this scale, which would cost in the region of £6.3 billion.
Housing associations, unions and local ...
New lobby group wants 100,000 affordable homes
by Gill Montia
Property News
