Even comments on the publication of Zoopla’s House Price Index

Ben Bailey, Chief Customer Officer of specialist lender for first-time buyers, Even, comments on the publication of Zoopla’s House Price Index.

“Rising house prices come as another hammer blow to the aspirations of prospective first-time buyers.

“Those who now have to navigate the escalating cost of living and rocketing rents, and can’t fall back on the Bank of Mum and Dad, may be forgiven for thinking they’ve missed the homeownership boat. 

“And with the Government’s Help to Buy scheme now also just months away from its end, the options for Generation Rent are becoming more limited.

“But we are seeing innovation in the market to bridge the absurd affordability gap in lieu of Government support.

“For those seeking to get a first foot on the ladder, it’s now about considering what alternatives are available to them – something a good mortgage broker will be able to assist with.”

Kindly shared by Even

Main photo courtesy of Pixabay