Investment platform. Thanks bro. Thanks for joining Thanks Forjoining us. Mortgages cost more so it is a bit of a Vicious Cycle for First Time Buyers . It is, yes, and there is a bit of respite for people looking to get onto the Property Ladder but they have still got very high costs of borrowing and it will still cost a lot to afford the mortgages once you have got on the ladder and it still costs a lot of money for renting whilst you are trying to get on the ladder. But it is good news for people who are looking to get off the ladder and looking to use their housing as part of that so there is a bit of balance but i suppose house prices matter most when you are trying to change your position. For the vast majority it is a number that changes without us actually trying to change our Housing Position but i think the people trying to get on the Housing Ladder to make the first step are really feeling the squeeze right now. The numbers tell the story. 3. 8 fall in july alone, the fastest
Have about 3. 5 minutes of extra time to go. We are deep, deep into injury time, i should say, and, to go. We are deep, deep into injury time, ishould say, and, yes, i think england, they have a five goal lead, even a draw would take them through as Group Leaders but they have absolutely blown china away. There was some criticism of england coming into this. Theirfirst there was some criticism of england coming into this. Their first couple of games, they won but only 1 0 against opposition they certainly, in haiti, they thought they should have beaten more comfortably, but this time against china they have shown what they are really capable of. This is the england team we saw in the euros, the england team that went on a huge unbeaten run, and the england team that has kept hundreds of people here at box back in croydon thoroughly, thoroughly entertained for the last 90 minutes or so. Entertained for the last 90 minutes orso. Its entertained for the last 90 minutes or so. Its been a r
Of a home in the uk is £260,828, down from a peak in august last year, as affordability proves a challenge for some buyers. the falls may be welcomed by first time buyers who previously struggled to get into the market, but rising rates do make even lower prices less affordable. earlier i spoke to andy russell, who s the ceo of wealthify, a uk based consumer investment platform. he told me many aspiring housebuyers are still feeling the squeeze right now. there is a bit of respite for people looking to get onto the property ladder but they have still got very high costs of borrowing and it will still cost a lot to afford the mortgages once you have got on the ladder and it still costs a lot of money for renting whilst you are trying to get on the ladder. but it is good news for people who are looking to get off the ladder and looking to use their housing as part of that so there is a bit of balance.
According to the nationwide building society, prices dropped by 3.8% injuly the fastest annual pace in m years, and the biggest decline sincejuly 2009. nationwide also said mortgage costs hit the highest level for 15 years last month, as lenders grappled with inflation and uncertainty over rates set by the bank of england. a typical two year fixed mortgage rate is now 6.85%. the average price of a home in the uk is £260,828. that is down from a peak in august last year. affordability is a challenge for some buyers but should be welcomed by many first time buyers who had previously struggled to get into the market. let s cross live now to andy russell, who s the ceo of wealthify, a uk based consumer
Rising interest rates and lofty inflation is hitting house prices in the uk. according to the nationwide building society, prices dropped by 3.8% injuly the fastest annual pace in ia years, and the biggest decline sincejuly 2009. nationwide also said mortgage costs hit the highest level for 15 years last month, as lenders grappled with inflation and uncertainty over rates set by the bank of england. a typical two year fixed mortgage rate is now 6.85%. the average price of a home in the uk is £260,828. that is down from a peak in august last year. affordability is a challenge for some buyers but should be welcomed by many first time buyers who had previously struggled to get into the market. let s cross live now to andy russell, who s the ceo of wealthify, a uk based consumer