Affordability matters [electronic resource]
Affordability matters [electronic resource]
- London DCLG 2007
Introduces the National Housing and Planning Advise Unit (NHPAU). Describes the problems of housing unaffordability in the UK. Its effects are worst in the South East, and upon first-time buyers. Affects on the property market include rising deposits, mortgage payments taking increased amounts of buyers? incomes, and increases in average earnings to loan multiples. Describes negative social and economic consequences of these factors. Market indications are against a price crash, and point to demand continuing to increase. The NHPAU will initially focus upon contributing advice on market affordability, developing an affordability toolkit, and the development of a new programme of research.
Affordable housing
PLANNING POLICY STATEMENT 3
PLANNING POLICY STATEMENT 11
United Kingdom--
333.33 $2 18
Introduces the National Housing and Planning Advise Unit (NHPAU). Describes the problems of housing unaffordability in the UK. Its effects are worst in the South East, and upon first-time buyers. Affects on the property market include rising deposits, mortgage payments taking increased amounts of buyers? incomes, and increases in average earnings to loan multiples. Describes negative social and economic consequences of these factors. Market indications are against a price crash, and point to demand continuing to increase. The NHPAU will initially focus upon contributing advice on market affordability, developing an affordability toolkit, and the development of a new programme of research.
Affordable housing
PLANNING POLICY STATEMENT 3
PLANNING POLICY STATEMENT 11
United Kingdom--
333.33 $2 18