The government will lay out its legislative agenda for the new parliamentary session this morning in the Queen's Speech which is widely expected to include a new planning bill aimed at ramping up home ownership across the North and the Midlands.
Currently, we have a vibrant property market that is fuelled by buyer incentives, enticing first-time-buyers to take their first step on to the property ladder. But just how much does owning a home actually mean in comparison to other life aspirations today?
The price cap on energy bills is set to rise in April. Ofgem first announced the increase from £1,042 per year to £1,138 last month much to the dismay of around 15m UK families.
Despite the usual challenges of saving for a deposit and high rental costs being further compounded by the pandemic, new research from Aldermore has revealed that almost half of the UK's renters have not given up on their dream of being a homeowner.
Adults in their mid-30s to mid-40s are three times more likely to rent than 20 years ago
A new survey has revealed that, due to the spiralling costs associated with getting onto the property ladder, homeownership feels increasingly out of reach for the vast majority of British consumers.
Paying a mortgage rather than renting privately could leave the average consumer £350,000 better off over next 30 years, new research has found.
Owner occupation is the most prevalent tenure in England and more own their home outright rather than having a mortgage, the latest snapshot of the housing market shows.
In 2018 buyers were 34 before half had bought their own home; in 1997 the age was 26
Almost a third of current mortgage holders in Britain, equating to four million people, may have to re-evaluate their finances in later life as their estimated repayment age will be older than they expected.
Home ownership in the UK could be increased significantly in the UK at no cost to the Treasury, by giving tenants and landlords a rebate when a rented property is sold by the landlord to a sitting tenant, it is claimed.
Homeowners are making a "costly mistake" by turning a blind eye to additional fees when they remortgage, it has been claimed.
Barely half of all families in Britain own their own home, research highlighting the extent of the rise of generation rent shows.
A study by the Resolution Foundation thinktank has shown that official figures have exaggerated home ownership, which has been in steady decline since 2002.
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