Property News in the UK

UK property news and links to various property websites. mortgage news, house price news, interesting properties for sale.

Friday, September 01, 2006

First-time buyers face impossible task

Young people trying to buy their first home face the worst crisis for more than two decades, experts warned today. The news comes as property prices rise faster than anybody expected, with the average asking price for a home now £215,000.

In a further blow, the Royal Institution of Chartered Surveyors said the situation will get worse. First-time buyers who do manage to buy their own home must be richer and older than in the past, according to the RICS.


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1 Comments:

  • At 7:53 PM, Anonymous Sarah said…

    Hello Mandy,

    Thought you might be interested publishing news about the final release for Ontario Tower in London:

    FINAL RELEASE - ONTARIO TOWER
    Ontario Tower, the Ballymore Thames side development at NPW, has a final release of studios, suites and 1 and 2 bed apartments newly available to the market. The on-site marketing suite has now re-opened and can be visited from 10am to 6pm Monday to Friday, or from 11am to 5pm at the weekends and can be contacted on 07000 701 701.
    With 30 storeys of highly specified suites, studios, and 1 and 2-bed apartments, Ontario Tower completes mid-2007 and will be London’s tallest riverside residence. Providing luxury facilities such as a pool, spa, and gymnasium, residents of Ontario are also able to enjoy the business, dining and bar facilities provided by the integral Radisson Edwardian Hotel.
    Positioned at the heart of the New Providence Wharf riverside quarter, Ontario Tower benefits from the light and space, and sustainable views associated with its location. The prospect of a Thames-clipper providing services to the West-End and South Bank, make Ontario Tower an exciting life-style opportunity.
    Please visit http://www.alanselby.co.uk/projects/index.php?pid=28 for full information. Register your details with Alan Selby and Partners here: http://www.alanselby.co.uk/contactus.php?enquiry_type=new%20homes and remember to quote 'Ontario Tower' and/or any other property requirements you may have.

     

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