The vital workers blocked from ever affording homes

Nurses, teachers, firefighters, police officers, paramedics and social workers not welcome. The huge swathes of the country where key workers are simply unable to afford homes.

Home ownership remains an aspiration for many, yet it’s getting more and more difficult for some of the UK’s most valued professionals to take the first step onto the ladder.

Exclusive new findings reveal that key workers with up to 10 years’ experience are being priced out of seven regions across England and Wales. This is according to My Home Move that found the likelihood of workers – such as nurses, teachers, firefighters, police officers, paramedics and social workers – being able to afford a home outright in the East Midlands, East of England, Home Counties, South East, South West and West Midlands falls to below 30%.

 

Mortgage Advice Bureau (Holdings) plc (LON:MAB1), is one of the UK’s leading networks for mortgage intermediaries.

Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    Twitter
    LinkedIn
    Mortgage Advice Bureau (Holdings) Plc

    More articles like this

    Mortgage Advice Bureau (Holdings) Plc

    Is the prospect of longer tenancies good or bad news?

    In early July, the Government opened a consultation into the benefits and barriers to landlords offering longer tenancies. This is the latest step in its commitment to increase security of tenure for tenants in the PRS,

    Mortgage Advice Bureau (Holdings) Plc

    A helpful guide for first time buyers

    Buying your first home can be quite daunting. It’s likely to be the biggest financial commitment you’ll ever have, so you need to know that you’re making the right decision. Searching for a mortgage can be

    Mortgage Advice Bureau (Holdings) Plc

    What does the interest rate rise mean for me?

    The Bank of England has raised its bank rate today to 0.75 per cent and we’re here to cut through the jargon and answer, what does this mean for you and your mortgage? I’m on a

    Mortgage Advice Bureau (Holdings) Plc

    National Mortgage Index July 2018

    Mortgage Advice Bureau (LON:MAB1), Brian Murphy, Head of Lending comments: “June appeared to be consistently busy in many regions, with members of the network observing a solid number of buyer enquiries, regardless of the distractions of

    Mortgage Advice Bureau (Holdings) Plc

    August Interest Rate Decision

    Today, the Bank of England announced the bank rate would be increasing to 0.75 per cent, which could have an impact on those who are on SVR mortgages. Mortgage Advice Bureau Plc (LON:MAB1), Brian Murphy, Head of

    Mortgage Advice Bureau (Holdings) Plc

    Mortgage Advice Bureau plc another strong performance

    Peter Brodnicki, CEO of Mortgage Advice Bureau (Holdings) plc, said: “I am delighted to report another strong performance in the first half of 2018. Housing transactions have reduced slightly compared to the equivalent period last year,

    Mortgage Advice Bureau (Holdings) Plc

    MAB launches wealth and equity release proposition with Tenet

    Mortgage Advice Bureau has launched a wealth and equity release proposition in partnership with Tenet. The proposition will initially comprise 14 wealth advisers but MAB says it has “ambitious expansion plans”. Tenet is also dual authorising

    Mortgage Advice Bureau (Holdings) Plc

    Rightmove House Price Index July 2018

    Mortgage Advice Bureau (LON:MAB1) Brian Murphy Head of Lending comments: “The monthly Rightmove House Price Index provides us with an up to date ‘litmus test’ of consumer sentiment and activity in terms of the UK property

    Mortgage Advice Bureau (Holdings) Plc

    Buyers back in the market in May

    Mortgage Advice Bureau (LON:MAB1), Brian Murphy, Head of Lending comments: “May appeared to be one of the best months so far this year for some regions, with members of the network reporting a marked increase in

    Mortgage Advice Bureau (Holdings) Plc

    Halifax Price Index June 2018

    Brian Murphy, Head of Lending for Mortgage Advice Bureau comments: “The report released by the Halifax this morning indicates that house price growth appears to have steadied in May, following a somewhat lacklustre set of figures