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Tag: first-time movers

What can you do when a radical and unashamedly ambitious housing strategy isn’t enough?

What can you do when a radical and unashamedly ambitious housing strategy isn’t enough?

Listening to the Budget speech is often theatre, with oohs and ahhs. Reading the documents is more often a prosaic task punctuated with eh? and what? This Budget provided no exception. Even though it failed to light fires for the construction industry, it did provide interest. George Osborne’s Help to Buy scheme captured the imagination as he spoke. Sadly, unpicking the detail, such as it is, there is plenty of scope for both questions and concern. The Chancellor was not…

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Finally the plight of first-time house movers hits the national headlines

Finally the plight of first-time house movers hits the national headlines

Hallelujah! The plight of trapped first-time house movers has finally got into the national headlines. Recent research undertaken by Lloyds Banking Group exposes the problem of increasing numbers of financially-constrained first-time homeowners trapped and unable to make the second step up the ladder.

Why young folk can’t buy homes

Why young folk can’t buy homes

My patience runs thin when listening to the reasons why young folk can’t buy homes. And today I’ve had to listen to and read various interpretations of why they can’t, prompted by the release of the interesting Halifax sponsored research “The Reality of Generation Rent: Perceptions of the first time buyer market”. Call me unnecessarily reductive, but there is one simple over-riding reason why young folk struggle to buy a home, so simple it seems to be the most often…

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Are we condemned to low levels of house building?

Are we condemned to low levels of house building?

Research released this week by the think tank ippr painted a gloomy picture of house shortages in England growing disturbingly in the years to 2025, by which time it reckons we could have demand outstripping supply by 750,000 homes. It’s a stab at trying to predict what might happen and there will always be problems with research of this kind. It is, for instance, not inconceivable that if Britain’s economy becomes less attractive we may see a significant rise in…

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