The Struggle of

A place to Live for nearly all individuals, is the factor in their lives and brings general wellbeing. Yet more and more in London, people are fighting to secure a place to live that fulfils their work and family requirements while at the mercy of exploitative landlords sky-high rents and a ‘gain from home’ culture.


Since the UK Financial crash in 2008, the average deposit to buy a property has risen by 276 percent and home ownership in Britain has dropped to 64 percent (which is the lowest level in 30 years). Nowadays a 20\% to 30\% deposit is required for a mortgage, which is probably 11 million people rent their houses. And a new YouGov poll predicts private permits will rise from 21\% to 24 percent over the next 4 years.
So can our
Is, there are a good deal of London Mortgage Brokers and Mortgage Advisors out there who can offer guidance and advice. For those living and working in the capital, it’s crucial to speak with a mortgage broker/advisor needless to say, to look at repayment strategies and to assess your choices, see what mortgages and schemes are available, which places are affordable.

The surrounding areas of Londonin southeast and the south, we’re seeing a massive influx of first time buyers. Areas such as Mottingham, Sidcup, Eltham, Bromley and Croydon are showing possible and offering a glimpse of hope to the ‘Generation Rent’. Mortgage Broker Sidcup and mortgage adviser Canary wharf have been reporting increasing interest from first time buyers in their areas.
Croydon is Now described as a place showing growth in regeneration and homes, which is not surprising when you consider starter homes in the region are # 185,000 less costly than the average of the capital. The area has a growing tech culture due to office space for rent, which in turn is drawing in young creatives.

There are also thousands of housing developments planned with some of those part of the Government’s ‘Help to Buy’ scheme, offering loans of 40 percent of the properties value reducing a deposit requirement.

Mortgages becoming more complex, it’s always a good idea to seek professional advice. Research then and an area that’s cheap type a Google search; mortgage advisor Croydon / mortgage broker Croydon / mortgage broker Eltham / mortgage adviser Bromley / mortgage broker Bromley etc, pick the phone up and get the ball rolling.

So, perhaps London’s Future is bleak after all!
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