Housing in Britain is, frankly, a horror show. This has been the case for some time, a result of successive governments burying their heads in the sand because it’s an expensive problem for which there’s no quick fix.
But every now and again, the reality of the scale of the challenge forces the powers that be to take notice.
The latest figures from Rightmove, for example, paint a grim picture, particularly for those trying to get onto the lower rungs of the property ladder. Analysis from the firm shows that the average monthly mortgage payment for first-time buyers has risen by 61 per cent to £1,075 since the last election in 2019.
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
