Housing 350% less accessible than decade ago


Housing market accessibility is now 350% worse than it was in 1996 and first time buyers are using almost half their take home income to service their mortgage, according to the Royal Institute for Chartered Surveyors.

The RICS accessibility index also found that the cost of becoming a homeowner has increased by 8.4% in the year to 20 June 2007. A first time buyer couple on lower quartile earnings of around £26,000...

To continue reading this article...

Join Professional Adviser


  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Tap into our community intelligence through our regular Pro Adviser poll.
 Be the first to hear about our events and awards programmes.



Already a Professional Adviser member?