From the daily archives: Wednesday, January 18, 2012
According to the latest research data released by Halifax; “Average mortgage payments for new borrowers as a proportion of disposable earnings” were at their lowest in the second half of 2011, meaning that UK Residential Property affordability in the UK is at its best since 1997!
The Halifax data is obtained by tracking the affordability [...]
UK landlords have little confidence in the current Housing Benefit system and the majority would try to avoid accepting tenants in receipt of benefits due to the extra hassle and headaches that dealing with local authorities and local government departments cause.
Landlords claim that tenants who do not receive any form of welfare support are [...]
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