The UK housing market has witnessed an improvement in affordability for young buyers due to rising wages, partially leading to a decrease in property prices.
As a result of changes in approaches to development today, new communities have the potential to be attractive, primarily ‘green’ spaces which significantly boost both the aesthetic and biodiverse qualities of the land.
As we hit summer next year, expect electoral promises around increasing housing supply and reintroducing schemes designed to kick start the housing market by enabling first time buyers access to the market, in return for your vote.
Average UK house prices edged down slightly in July, with the monthly fall of -0.3% equivalent to a drop of around £1,000 in cash terms.
For many years, the UK has had one of the strongest property market data infrastructures which has been a key element in the UK being recognised as one of the leading global property markets.
While the Bill has not returned to the Commons for a second reading, the Levelling Up, Housing and Communities Committee has seized the opportunity to question Housing Minister Rachel Maclean and her team from the Department for Levelling Up, Housing & Communities (DLUHC) on the details of the Bill.
