If you want to find a company that specialises in saying ‘we buy any house‘, you may be interested to hear that the north of England faces a property market crisis.
That is according to Helen Carter in the Guardian, who revealed house prices are rising, but mortgages remain virtually unaffordable for first-time buyers.
Ms Carter added that housing association tenants are struggling too, as they face a squeeze in benefits that will make it difficult to pay their rent.
She spoke to Derek Long, head of the north at the National Housing Federation, who said: “There’s a perfect storm coming together and its going to get worse in the north. The policies that work for ‘planet growth’ are not necessarily going to work for ‘planet X’.”
December 16, 2011 at 4:04 pm | Uncategorized |
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