Mortgages should be capped at 90% of property values and at a maximum of three-and-a-half times household income, according to a new report from the Institute for Public Policy Research (IPPR). The think-tank wants to see caps on loan-to-value and loan-to-income ratios to help stop another housing bubble, and argues that the UK’s “addiction to [...]
ippr
Shortfall in English homes to hit 750,000
England faces a shortfall of 750,000 homes by 2025, a new report from the Institute for Public Policy Research (ippr) claims.
Analysis of official government projections show that if the economy bounces back, the gap between supply and demand could be equivalent to the entire housing demand of the populations of Birmingham, Liverpool and Newcastle [...]
