More people in UK want to buy a home but ownership levels are falling - Property Wire
- Date: 28/08/2016
'The appetite amongst people in the UK to own their home has risen steadily over the past four years but ownership levels have also been falling, new research shows. Some 73% of non-home owners now say they would like to own their home compared to 69% last year, 68% in 2014 and 65% in 2013, according to the annual survey from the consumers group the HomeOwners Alliance.'
Paula Higgins, Chief Executive of the HomeOwners Alliance said: "Despite a blizzard of government initiatives aimed at helping homeowners, the housing crisis is deepening across the country, with ever more non-homeowners wanting their own home, and ever greater concern about the lack of housing."
Kim Vernau, CEO of BLP Insurance commented: "The issues highlighted by this survey that face last time buyers are as acute as those issues encountered by first time buyers. If we wish to provide the required quality of housing that addresses these concerns we desperately need an appropriate mix of well-designed homes alongside adequate local infrastructure to help address the current housing shortage."
Read the full article on Property Wire.