Cost of living: Housing
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House prices have fallen by 1% compared with a year ago – the first drop since 2012 (Halifax) and as inflation remains high, lenders are increasing the cost of mortgage borrowing. But what do these changes in the housing market mean for anyone who dreams of owning their ...
Tenants can hardly be blamed for being confused. Many have never owned a home and they have no idea what it costs to own and maintain a property. With the rise in interest rates, home affordability has become even more expensive. Inflation has affected many of the main ...