housing news

Housing

A block of leasehold apartments

Average service charge for leasehold properties rises at over 4 times rate of inflation

The average cost hit £2,300 a year in 2024

Home repossessions rising, but fewer people falling behind with mortgages

Home repossessions rising, but fewer people falling behind with mortgages

Number of mortgage arrears fell at the end of 2024.

Ethnic minorities spending higher share of their income on housing

Ethnic minorities spending higher share of their income on housing

Low homeownership rates and discrimination fuelling problem.

Welfare reforms ‘have fuelled child poverty’

Welfare reforms ‘have fuelled child poverty’

Thinktank calls for increase in local housing allowance.

Government ‘committed’ to tackling mould in social housing

Government ‘committed’ to tackling mould in social housing

Ministers want residents to be able to hold landlords to account.

More first-time buyers borrowing from Bank of Mum and Dad

More first-time buyers borrowing from Bank of Mum and Dad

57% of first-time buyers had parental help in 2023.

An illustration of a key

Average rents drop for first time since 2019

Good news for renters!

1 in 4 over-50s still paying off mortgage

1 in 4 over-50s still paying off mortgage

Over-50s owe £67,000 on average

Government aims to speed up access to justice for vulnerable people

Legal aid funding increase to 'speed up access to justice for vulnerable people'

Legal aid funding could go up by £20m a year.

Insulating damp homes ‘will save lives’

Insulating damp homes ‘will save lives’

1 in 5 people living in cold, damp homes