Property wanted everywhere as Fed reports a national housing shortage
Despite green shoots of recovery, The UK housing market is facing a shortfall of affordable housing. According to the National Housing Federation or Fed, the economic downturn has led to a 30% decline in new builds over the last two years. Figures from Fed suggest Britain needs about million new homes to be built.
For millions of people the housing problem and growing financial problems is compounded by the lack of availability of cheap mortgage deals which paints a rather more desperate outlook for the UK housing market.
For millions of people the housing problem and growing financial problems is compounded by the lack of availability of cheap mortgage deals which paints a rather more desperate outlook for the UK housing market.
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