City A.M

CityAM

08 Aug: 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   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….