@DividendDrip Depends when you retire. 30/35 years from now inflation adjusted will have the purchasing power of around 30K salary. Big difference if it’s in S&S or in a SIPP with the tax etc.
How to buy in London 2026. Find a nice street. Budget £750k. Set aside £150k deposit. Walk to the bank. Sign a few things. Keys are yours by Friday. People say getting on the ladder is complicated. We did it in one afternoon in 1982. It really isn't. 🇬🇧
'Housing is more like a protection racket than a business.'
People would be happier if they stopped buying houses and spent more at the pub, @RorySutherland says.
FWIW I think taking monthly house price data from one lender and then using it to write that house prices across the country have gone up is…not good journalism
'Private developers don't build the affordable homes we need. Government must step up and do it themselves'
✍️ Jerry Tate for LBC Opinion https://t.co/3RN2cniktP
@HenryPryor Lack of social housing but mainly affordability issue. The highest amount of houses for sale on the market in a decade struggling to sell. Why? Low wages, increased lending multiples and stimulus.
Increasing private new builds does not solve the affordability problem.
@MartinSLewis@itvMLshow Hi Martin, could you do a programme on Estate Agents and long term sole agency contracts and overvaluing. Conditional selling using in-house mortgage brokers etc?
Doesn’t seem to get any attention in the consumer space for such an important topic.
Dual income pensioners bringing in sub £70k will receive a winter fuel stipend.
Bizarre when you consider graduates/millennials/young families will earn far less (thank you stagnating wages) and receive no help.
Is this policy designed to help people, or to appease the press?
@MerrynSW I've thought would a tax relief system be better offered to UK businesses? On the condition the 'relief' money from profits is passed down to the employees instead, thus creating wage growth, higher spending in the economy, generating higher VAT income via the worker?
@Stewart09322559@APL_Remainer@emmafildes@AskNationwide The index is highly influenced by the proportion of properties sold with mortgages. Transactions volumes have decreased significantly. It maybe 5% year on year but the sample size has no of exchanges has decreased. There are a lot of properties that aren’t selling.
@alexgroundwater Ouch desperate times! I honestly can’t see any vast increases to house prices in the next decade. Always love hearing your insights on Charlie’s home podcast over wine. 😂
@FinanceTiger These are asking prices not transaction prices. A record of new listings combined with them being overvalued from agents created this misleading headline.