First Time buyers – Predictions – 2020

First Time buyers – Predictions – 2020

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!

http://www.theweek.co.uk/house-prices/61987/house-prices-first-time-buyers-will-need-to-earn-64000-by-2020

1 Comment

  1. Deena

    That’s a posting full of ingsthi!

    Reply

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