Over the past few months, I have noticed less first time buyers registering for property with us, as they are unable to save a deposit and obtain a mortgage, as house prices continue to rise and wages are remaining competitive.
I have three children and worry constantly how they will manage to get on the “property ladder”, with current predictions of further prices increases by 2020 of 23%.
Please see the attached property news report from The Week, also check out the Independent and Daily Mail websites, First Time buyers in 2020 will need to earn £64,000 per annum, way above the national average!
That’s a posting full of ingsthi!