Government low-cost home ownership schemes and their effect on social mobility
July 4, 2017
Recent research and analysis publication 3rd July 2017 on the Gov.Uk website from Social Mobility Commission headlines ‘Low-cost home ownership schemes’.
Research looking at government low-cost home ownership schemes and their effect on social mobility.
The research finds: Many low-cost home ownership schemes are more likely to benefit better-off buyers.
Many schemes are of out of reach to most families on average earnings.
The average income of people benefiting from schemes such as Help to Buy was £41,323, similar to other first time buyers whose average income was £47,528.
The report recommends new action to help more low-income buyers get on to the housing ladder.
Read the publication 3rd July 2017 in full click here.
You May Also Enjoy
Savvy summer sellers drive best July for sales agreed since 2020
The average price of property coming to the market for sale drops by a seasonal 1.3% (-£4,969) this month to £368,740. August’s price drop is in line with the ten-year average following the bigger than usual falls in June & July Savvy summer sellers are pricing realistically to attract holiday-distracted buyers. Lower asking prices and…
Read More 
Expert Review: Pantego Electrical Services – Reliable and Affordable Solutions
When it comes to maintaining safety and comfort in your home or business, high-quality electrical work is crucial. For residents and businesses in Pantego, reliable electrical services are available through licensed professionals who prioritize customer satisfaction. In this review, we explore Pantego Electrical Services and highlight why Darby Electric Service is a trusted choice for the community.…
Read More 
Storytelling for Homeowners: Producing Content That Connects Emotionally
In the quick-paced global of online facts, information by myself is rarely sufficient to encourage or have an effect on. Whether you’re a home owner sharing your protection adventure, a blogger covering indoors traits, or a real estate professional assisting customers discover their dream homes, storytelling is the important thing to building belief and emotional…
Read More 
This Summer’s Extreme Heat: What It Means for UK Gardens
The UK has been enjoying plenty of warm sunshine during the early weeks of the 2025 summer season. In predictions made by the Met Office for the three-month outlook there is plenty more hot weather to come. According to the government agency, the UK’s meteorological summer is twice as likely to be hotter than normal…
Read More 
No-fault evictions by bailiffs up 8%
New figures show that in the 12 months since Labour came into Government, no-fault evictions by bailiffs in England have risen by 8%. Labour has pledged to end no-fault evictions under its Renters’ Rights Bill, which is going through Parliament. According to the latest figures from the Ministry of Justice there were 11,402 repossessions by…
Read More 
Leasehold Lettings Under Pressure: Landlords Blocked from Improving Flats
New research from LRG (Leaders Romans Group) reveals that leasehold structures are creating a growing barrier to progress in the rental sector, limiting upgrades, pushing landlords away from flats, and lowering tenant confidence in how buildings are managed. According to LRG’s most recent Lettings Report, 58% of flats let by landlords are leasehold. Among these,…
Read More