Money Wellness

Housing

    A set of keys exchanging hands outside a house.
    housing

    No-fault evictions reach highest level since 2016

    Over 32,000 households received section 21 ‘no-fault’ evictions in 2024

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    A hand holds out a silver key with a silver house keyring.
    housing

    Renters’ rights bill: need for effective enforcement

    Councils will struggle, warns National Residential Landlords Association

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    A block of leasehold apartments
    housing

    Average service charge for leasehold properties rises at over 4 times rate of inflation

    The average cost hit £2,300 a year in 2024

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    Home repossessions rising, but fewer people falling behind with mortgages
    housing

    Home repossessions rising, but fewer people falling behind with mortgages

    Number of mortgage arrears fell at the end of 2024.

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    Ethnic minorities spending higher share of their income on housing
    housing

    Ethnic minorities spending higher share of their income on housing

    Low homeownership rates and discrimination fuelling problem.

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    Welfare reforms ‘have fuelled child poverty’
    housing

    Welfare reforms ‘have fuelled child poverty’

    Thinktank calls for increase in local housing allowance.

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    Government ‘committed’ to tackling mould in social housing
    housing

    Government ‘committed’ to tackling mould in social housing

    Ministers want residents to be able to hold landlords to account.

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    More first-time buyers borrowing from Bank of Mum and Dad
    housing

    More first-time buyers borrowing from Bank of Mum and Dad

    57% of first-time buyers had parental help in 2023.

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    An illustration of a key
    housing

    Average rents drop for first time since 2019

    Good news for renters!

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    1 in 4 over-50s still paying off mortgage
    housing

    1 in 4 over-50s still paying off mortgage

    Over-50s owe £67,000 on average

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