Older People in ‘Under-Occupied’ Homes are Blocking Property Ladder for Younger Generations
Older people are staying in their homes longer and locking younger buyers out of family properties or homeownership all together. Economic uncertainty has depressed buying and selling activity among existing homeowners, Nationwide Building Society said, and potential first time buyers are feeling the consequences. The mortgage lender said homeowners aged 55 to 64 have been […]
Young couples losing out on family life as house prices soar
Millennial couples are delaying having children and “putting their lives on hold” because of the sky-high cost of housing, “shocking” figures show. Young couples are two times more likely than 35-54-year-olds to delay having children in a bid to get onto the property ladder, according to numbers crunched by mortgage broker Trussle. The analysis also […]