Research Reveals UK Is Short Of 4 Million Homes

It’s long been said that the UK has a housing crisis. That there are not enough homes to supply everyone who needs one. And that this housing crisis has led to house prices and rents being pushed up to levels that are unaffordable to many people in many parts of the country.

Downsizing And What It Means For The Market

The idea of everyone moving up the housing ladder is pretty well established in the housing market. The housing ladder normally means that homeowners move up to a bigger (and more expensive) property each time they move. But some recent research suggests that downsizing could be a growing trend in the property market. So let’s look at what it is and what more downsizing could mean for buyers, sellers and agents.

Tips To Help First Time Buyers Get On The Ladder

It’s hard for first time buyers to get on the property ladder right now. High property prices mean there is a real shortage of property within a first time buyer’s budget. And the hot property market of late means that first timers have often lost out to those further up the ladder. The end of the Help to Buy scheme, coming up soon, could present another hurdle to those wanting to buy their first home.

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