England's housing stock: 9% growth to 25.4M homes from 2013 to 2023 but divides persist. Owner occupiers in spacious homes with spare bedrooms; renters in shrinking flats and overcrowding in the social housing sector. Time to build more houses!
https://t.co/7vN2rxcVZe
UK Government aiming to boost home ownership in 2025. Key moves: Bank of England eases 15% loan-to-income limit, FCAโs Mortgage Rule Review and a permanent mortgage guarantee scheme to help first-time buyers
Lenders are already moving with some taking the option to exceed LTI caps and most have cut stress rates. Political desire remains for lenders to lend more to first-time buyers. Converting policy into action is key to delivering long-term homes
BREAKING NEWS: Our plans to redevelop Edgware Town Centre with @ballymore have just been approved by @BarnetCouncil ๐
Here is what this development will deliver for the local community ๐