However, it remains difficult for those without a sizeable deposit to obtain finance, the Council of
“There is a sharp dividing line in the housing and
But for people who can afford a large downpayment, the “burden of debt” is quite low, he said.
The average home mover uses 11.4 per cent of their income to meet
It added that there were 18,900 home mover
In related news, chief economist for the Royal Institution of Chartered Surveyors Simon Rubinsohn has forecast that property prices will stabilise later this year.