House Prices and Mortgage rates
These two go hand in hand.
When mortgages are available house prices will recover.
Especially for first time buyers.
Rents are too high and they leave the tenant with no interest in the property.
The radical would like to see more of the percentages market.
Buyer getting a 25% ,50% or 75% share in a property from the mortgage company
The buyer then pays a mortgage on that percentage.
95% mortgages would go !
The rent on the property reduced or rolled up as the value in the property
increases or the value of the pound decreases
The buyer pays the mortgage on the reduced share only.
Valuations based on market forces.
Would that work to kick start the market ?
