Strategy and Management Consultants

SUPPORTING ENTREPRENEURS AND S.m.e.'s

Strategy and Management Consultants

SUPPORTING ENTREPRENEURS AND S.m.e.'s

Affordability

Property Consulting

Rising interest rates and house prices are leading to downward spiral of property sales:

As there has been a hike up in interest rates, cost of living and house prices, new home buyers and and the younger generation will find moving onto the property ladder extremely difficult. This is because affordability is rapidly decreasing and even one in five current homeowners saying that their mortgages will soon become unaffordable. A key is the Bank of England increasing the base rate from 0.1 per cent to 0.25 per cent at the close of 2021, it is predicted to be 1 percent by the middle of March 2022. The house prices as calculated in January 2022, have increased by

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Property Consulting

Property Prices in the U.K. are nine times that of earnings:

Kirstie Allsopp was held under great criticism for suggesting modern lifestyle choices, for example subscriptions for streaming application and exercise institutes, - should be stopped and or altered. This is in order to afford housing and allowing, oneself to get onto the property ladder. The difficulties with getting on the housing ladder is the multiplex of costs involved are immense ; one has to pay a deposit, there are restrictions on how much money can be borrowed. In the late 20th Century the house prices were approximately only 4 to 5 times earnings which we can no

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