The repossessions timebomb: how to help homeowners at risk of default

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Housing, Wealth and Debt

Against the backdrop of the most prolonged recession in living memory, the relatively small increase in homes being repossessed has been a welcome surprise. Numbers did spike, but they never reached the levels of the early 1990s and have been coming down steadily over the last four years. This owes something to government support programmes, … Continued

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Shared ownership can put a roof over the head of Generation Rent

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Housing, Wealth and Debt

With house prices out of reach for many, shared ownership could be the next big thing – but only if it makes some serious change The gap between renting and owning with a conventional mortgage, even a high loan-to-value mortgage, has become unbridgeable for low and modest income families in some parts of the country, … Continued

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Shared ownership could help plug the housing gap

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Housing, Wealth and Debt

Home ownership is in decline. Rising house prices, falling wages and restrictions on mortgage lending have left this common aspiration far out of the reach of the vast majority of low- and middle-income households. Though today 64% of Britons still own their home, that figure is fast dropping, in no small part due to coalition … Continued

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