At the beginning of this year, as a solution to the UK’s housing Crisis, David Cameron announced the Housing Bill. It sets out to deliver a million homes by 2020 and helps support hard working people into home ownership. However, according to new research with the average person saving roughly 5 per cent of their income each year, it could take almost 24 years in order to get in to the property ladder.
HomeProtect UK have come up with an interesting infographic that outlines interesting facts about buying in the UK. It highlights that the average age of a 1st time buyer in the UK is 37. In addition to this, 32 per cent of those first time buyers were able to buy outright, so it is not all negative news!
Infographic by: www.homeprotect.co.uk
HomeProtect UK have come up with an interesting infographic that outlines interesting facts about buying in the UK. It highlights that the average age of a 1st time buyer in the UK is 37. In addition to this, 32 per cent of those first time buyers were able to buy outright, so it is not all negative news!
Infographic by: www.homeprotect.co.uk