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There is a quiet unspoken problem sitting inside the Burnham property market.
As an agent in the Ruislip property market, I believe it is important to offer local homeowners a balanced and realistic view of both the Ruislip and national property markets.
Young people have been locked out of homeownership. Deposits are impossible to save. Mortgage rules are too strict. And ‘Generation Rent’ is now permanent. According to the narrative by the newspapers, younger generation homeownership has collapsed.
When Britain voted to leave the European Union in June 2016, many experts predicted serious problems for the UK housing market. Forecasts warned of falling house prices, reduced buyer confidence and a prolonged slowdown in property transactions. Yet a decade later, the story has been very different.