YouGov survey shows how wages are the biggest cost every
month. The results showed that mortgaged homeowners are definitely in a
stronger position than tenants when it comes to affordability, with 15% of
mortgaged homeowners spending more than half their incomes on housing, compared
to the 24% of private renters saying the same. Almost half of mortgaged
homeowners (44%) are spending up to 30% of their monthly income on housing,
which is perfectly within the affordable range. However, just one in five
private renters (20%) can say the same – or less than half the proportion of
mortgaged homeowners. Almost one in four private tenants (24% excluding “don’t
know”s) admitted to spending over half their income on housing. Read more on
24housing.
‘Ludicrous’ plan to build skyscraper over Georgian Birmingham building
rejected
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Councillors unanimously refuse permission for 42-storey block of flats on
top of former residence and hospital
Councillors in Birmingham have unanimously...
19 hours ago
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