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7 Comments
Council tax and utility bills are like two mortgages where I live.
You can’t have both really high house prices and high interest rates, that’s how you make houses unaffordable for a good portion of the market.
BBC and Gov tried to hide the inflation increases with the blame on Energy costs when in fact it was Housing / Services / Mortgage / Council Tax. Go look at the data.
This country is fucked.
Everything promised when I left school in 2008 has fallen flat on its face.
Each party blames the other and we are sleep walking into nation wide destitution.
May aswell buy a ditch-kit, get on a boat and tell anyone sailing towards Britain to turn around; we are taking back Britanny!
Council tax costs are crazy high, especially for single tenants.
I think we need to set our values collectively, and then choose who loses. There’s too much in need of help and assistance, we need to decide who loses to move forward
Yup. It’s going weirdly unreported but mortgages are so nuts over the last 18 months or so it’s actually become cheaper to rent than to buy. And that’s while rents are rising at an eye watering rate.
We need significant reductions in rates quickly if the younger millennials are going to continue getting on the housing ladder. Particularly given most people just can’t meet the stress test requirements for mortgages while the rates remain so high. Unfortunately, following the budget, it looks like they’re going to remain higher for longer though.