House Inflation
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Click on a fingertip fact to link to the source data
The average house price rise for the UK since 2010 is 27%
At 61% Greater London has seen the highest house price inflation
Wages have dropped for age range 21-49 by on average 10% since 2010
Somebody in their mid twenties would need to borrow 10 times their salary to purchase a house
A lack of building has led to a housing shortage, ensuring house prices continue to increase
Through help to buy schemes the goverment has purposely inflated house prices
By cutting back on social care the government is overseeing larger homes moving into rental market and broken down into flats
A number of think-tanks are targeting house value to be transferred to the private sector
At 61% Greater London has seen the highest house price inflation
Wages have dropped for age range 21-49 by on average 10% since 2010
Somebody in their mid twenties would need to borrow 10 times their salary to purchase a house
A lack of building has led to a housing shortage, ensuring house prices continue to increase
Through help to buy schemes the goverment has purposely inflated house prices
By cutting back on social care the government is overseeing larger homes moving into rental market and broken down into flats
A number of think-tanks are targeting house value to be transferred to the private sector
The number of home-owning households has fallen by 900,000 for the under-45s since 2010
Labour will back first-time buyers to buy that special first home
Labour will build thousands more low-cost homes reserved for first-time buyers
Labour will guarantee Help to Buy funding until 2027 to give long-term certainty to both first-time buyers and the housebuilding industry
Labour will also give local people buying their first home ‘first dibs’ on new homes built in their area
Labour councils have been building an average of nearly 1,000 more new homes than Conservative councils</span
Labour will back all councils to build
We will back those who own their homes, including home-owners who own their home as leaseholders and who are currently unprotected from rises in ‘ground rent’ from developers or management companies
A Labour government will give leaseholders security from rip-off ground rents and end the routine use of leasehold houses in new developments
Labour will back first-time buyers to buy that special first home
Labour will build thousands more low-cost homes reserved for first-time buyers
Labour will guarantee Help to Buy funding until 2027 to give long-term certainty to both first-time buyers and the housebuilding industry
Labour will also give local people buying their first home ‘first dibs’ on new homes built in their area
Labour councils have been building an average of nearly 1,000 more new homes than Conservative councils</span
Labour will back all councils to build
We will back those who own their homes, including home-owners who own their home as leaseholders and who are currently unprotected from rises in ‘ground rent’ from developers or management companies
A Labour government will give leaseholders security from rip-off ground rents and end the routine use of leasehold houses in new developments