“Up to a third of millennials ‘face renting their entire life”

Apr 17, 2018 | Housing market

A generation ago (i.e. sadly, when I was young) when you hit your twenties the pressure was on to get a steady job, a steady wife and a foot on the property ladder. It’s the wife bit that’s changed most; she can now be a he and 30-something is now quite young enough. I know many proper grown-ups who wish they hadn’t plumped for a steady job so soon or ever and are still trying to work out what they want to do with their lives.  And going back another generation, my grandfather didn’t become a first-time buyer until he was 65!  So chill, parents and politicians, and take the pressure off us kids.

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“John Lewis foray into BTR could result in losses of £57m”

“John Lewis foray into BTR could result in losses of £57m”

I did predict a while ago that Waitrose Homes rather than Waitrose Home Deliveries could be the future. John Lewis were probably the most benign big business to decide to go into the housing rental market, a move which could swing things away from the unpredictability of the mass of private landlords who dominate the sector.

“Should you fix your mortgage forever?”

“Should you fix your mortgage forever?”

In the US (and, randomly, Denmark) it’s the norm to fix-rate your mortgage for the life of your mortgage. For us and most others, it’s now usual to fix your mortgage rate, but only for a couple or five years at most.