Monday, 15 July 2013

News

According to a study by the Resolution Foundation, families on a lower income cannot afford to privately rent a modest home in a third of the country.

The report states that a combination of low interest rates and an increase in demand for private accommodation has also meant that rents are now more expensive than mortgage repayments in 45% of the country.

More on this can be found at: http://www.publicfinance.co.uk/news/2013/07/renting-unaffordable-for-many-families-think-tank-warns/

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