RICS housing accessibility and affordability update for Great Britain [electronic resource]
RICS housing accessibility and affordability update for Great Britain [electronic resource]
- London RICS 2007
Analysis of Q4 in 2007 reveals that accessibility has continued to worsen, particularly for first time buyers. However the burden of mortgage payments on existing owners has improved, as earnings rose, interest rates were static and the amount lent fell slightly. London remains the least accessible region, and has seen the worst deterioration in accessibility and affordability as FTB prices rose rapidly. Scotland and the North East of England are the most accessible areas.
Advanced
Affordable housing
RICS AFFORDABILITY INDEX
RICS ACCESSIBILITY INDEX
Great Britain--1707-
333.33 $2 18
Analysis of Q4 in 2007 reveals that accessibility has continued to worsen, particularly for first time buyers. However the burden of mortgage payments on existing owners has improved, as earnings rose, interest rates were static and the amount lent fell slightly. London remains the least accessible region, and has seen the worst deterioration in accessibility and affordability as FTB prices rose rapidly. Scotland and the North East of England are the most accessible areas.
Advanced
Affordable housing
RICS AFFORDABILITY INDEX
RICS ACCESSIBILITY INDEX
Great Britain--1707-
333.33 $2 18