Harry Downes on the Merits of London Build-to-Rent property, in City AMHarry Downes

Harry Downes discusses what millennials in the capital are choosing in place of homeownership and traditional rental property

 

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Harry Downes, Founder and Managing Director of Fizzy Living.

Homeownership across the UK has seen a noticeable decline, with the number of renters overtaking the number of buyers and homeowners last year.

Low interest rates and house prices more than 12 times average incomes have made obtaining a first-time buyer mortgage increasingly difficult.

Harry Downes, Founder and Managing Director of Fizzy Living, states that the emerging build-to-rent sector is pulling in London millennials, due to its offer of community and stability of tenure.

Click here to read the piece in its entirety on City AM: http://www.cityam.com/269696/home-ownership-now-tall-order-its-time-capital-reinvent

 

 

 

 

 

 

 

 

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