According to Ian Swift, the biggest reason for homelessness is “property, driven by welfare reform”. 1 in 5 of those who are homeless in #Southwark are working, but cannot afford to pay the high rent prices. There are 11,000 households on Southwark’s social housing waiting list, with just 1,300 social homes to allocate each year. […]
Purchasing a home in London is becoming a greater challenge for young people, there are 2.75% fewer young people living in London in 2019 than in 2012. First-time buyers will have to cash out an average of £540K if they were to purchase a home in London. Coventry; Bath and; Somerset; Exeter are ranked the top […]
The Blue Door Property Guradians team will be exhibiting at the Future of Housing 2019 Conference on the 28th March 2019, at the QEII Centre London. Come along and have a chat with us at Stand 6! Home Page
The Guardian reported that renting a property in the UK can be a bleak business. The average monthly rent rose to £932 last month and in London it is even more expensive at £1,588, according to new figures. It is of little surprise then that more young people are choosing to stay in the family home. […]
Moneywise explained that the property guardian industry, in which you pay cheap rent to live in an empty building as a security guard by another name, has ballooned in recent years. Property guardians can pay half the market rent.
The Guardian reported that s ‘If other options (live far away, work harder, pay a larger proportion of salary as rent, have less space) are less appealing than guardianship, that is a result of wider forces that combine to create the housing crisis in this country.