Wages Vs House prices = No Sale

Buyers will continue to find it difficult to get their first home.

There will continue to be a disparity between rising house prices and the average wage, it has been claimed.

Here at buy-my-place.co.uk we understand there are so many factors delaying or even stopping your house selling so we are dedicated to keeping you up to date with all the lastest news in the property market.

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It is getting more and more unrealistic to get onto the property ladder, as potential home buyers are required to put down phenominal deposits before even being considered for a mortgage let alone a decent interest rate.

Coupled with the fact that many young first-time buyers have recently graduated from university with debt of around £20,000, reducing their income and amount they can borrow further still.

"If you put together all of these factors, renting has become an increasingly preferred form of tenure opposed to going into the housing market," Steve explained from Buy-my-place.co.uk.

Nearly two-thirds of people living in privately rented accommodation believe they are unlikely to buy their own home in the next five years, according to mortgage lender Kensington.

Make your home more sellable and contact buy-my-place.co.uk today, we hold the key to your new home