We, at improvethehousingmarket.co.uk have THE fix for this which we are now going public with.
The Hendry Solution explains how to use cutting edge methods to force house prices in England and Wales back down to levels of affordability which are suitable, not only for those wishing to become first time buyers but to all other home owners too. Rents for residential properties also desperately need to be more competitively priced within the marketplace.
Anyone interested in seeing this outcome take shape in the owner-occupier housing sector may read about the necessary methods for bringing this about right here:
The Hendry Solution: Full details of our proposals for properly reforming all housing markets in England and Wales.
The cost of implementing this fundamental change would be low and perfectly feasible.
The objective of this new market-making concept is to allow all buyers to buy their next homes at prices which are truly affordable and within reach.
The difficulty at present is that practically unrestricted lending for house purchases is damaging the housing market and ruining the opportunity for many of those whom are ready to buy and ready to make their purchasing commitments.
The price problem needs addressing this year but the government are the ones to have to instigate these required changes and until they do they cannot be introduced for the benefit of the majority.
Besides helping in this respect The Hendry Solution is also a way for those who have gained considerably from property price increases over the past 30 years or so, to pass some of this back to help those trying to climb onto the first rung of the property-owning ladder right now. The big win-win situation is, if everyone were to adopt this new policy, no-one would loose out financially.
Peter Hendry, Consultant in Housing Valuation
UK estate agents are at their gloomiest for 10 years, says RICS