Research by estate agent comparison site, GetAgent.co.uk, has revealed that the proportion of disposable household income required to cover the average mortgage repayment is at by far its highest in a decade, hitting 27.6% so far in 2022.
GetAgent analysed the average annual cost of a mortgage repayment based on a three year fixed mortgage at a 75% loan to value and what this equates...
House price inflation has been steadier than other kinds of investments in recent years, offering consistent appreciation not seen with a number of other commodities.
Warwick Estates analysis shows that between 2020 and 2021 prices have risen by 8.3%, far lower than the majority of other commodities on the investment market, with Bitcoin seeing the highest increase at 430%.