Mortgage Approvals Rise In April | moneyfactscompare.co.uk
The number of net mortgage approvals rose in April, reaching its highest level since September 2022. However, the market remains difficult for borrowers.
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The number of net mortgage approvals rose in April, reaching its highest level since September 2022. However, the market remains difficult for borrowers.
Radical action is needed to turn around a slump in the number of people able realise their home owning dream, according to the Building Societies Association.
First-time buyers depend on two high incomes or parental support, the Building Societies Association says.
The Building Societies Association has called for radical housing reform to halt the decline in home ownership as the number of outstanding owner-occupier mortgages is down by two million from its 2002 peak. First-time buyers are increasingly reliant on the Bank of Mum and Dad and on combining two incomes in order to
Home ownership among younger people has plummeted over the last 20 years, as many Brits can't afford to get onto the property ladder - but do you think enough support is available?