Opinion: The UK Housing Market Is Broken — Here's How to Fix It
House prices are 8 times earnings, rents are soaring, and young people are locked out. The solutions are obvious — we just lack the…
Naomi Clarke
475 reading now
#Affordability
Stories tagged “Affordability”.
7 stories
The UK Housing Crisis Explained: Why Homes Are Unaffordable and What Can Be Done
House prices are 8.3 times average earnings, rents are at record highs, and 1.3 million households are on social housing waiting lists —…
Daily Junction Editorial Team
358 reading now
How to Choose a Lender: A Borrower's Checklist
Before you borrow, check that a lender is FCA-authorised, compare the total cost rather than the headline rate, and be honest about…
Rachel Stone
454 reading now
What Is Responsible Lending? How Affordability Checks Work
Responsible lending means a firm checks you can afford to repay before it lends. This guide explains affordability and creditworthiness…
Rachel Stone
440 reading now
Beyond Your Credit Score: How Lenders Really Assess You
Your credit score is only part of how a lender decides. This guide explains how affordability, income and outgoings, open banking and…
Rachel Stone
334 reading now
Mortgages Explained: How Home Loans Work
A mortgage is a loan secured against a property, repaid over many years. This UK guide explains loan-to-value, terms, affordability checks…
Rachel Stone
437 reading now
UK House Prices Fall 3.2% in 2024: Is This the Market Correction First-Time Buyers Have Been Waiting For?
UK house prices declined by 3.2% in 2024 according to Nationwide, marking the first sustained fall since 2012. Higher mortgage rates, cost…
Daily Junction Editorial Team
443 reading now