Commenting on today’s UK House Price Index

Mar 23, 2022

Commenting on today’s UK House Price Index, Rentplus-UK Chief Executive Steve Collins said:

“At a time when hard working people are seeing their rent, transport, energy costs rise faster than their salaries, it has become ever more difficult for individuals and families to save enough for a deposit and realise their homeownership dreams.

“Every day, I hear from more families now having to raid their savings to pay for day-to-day living costs: each percentage increase in house prices drives their dream of home ownership further from reach.

“The failure of successive government-led ‘solutions’ to the UK’s housing problems to deliver, particularly for our key and essential workers, needs to be addressed.  The country needs to now embrace proven innovative schemes, delivered through institutional investment, that makes no demands of the public purse but delivers homeownership for people by removing the deposit barrier.”

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