15 Year-Old Boy He Tried To Meet Was A Paedophile Investigator
Generation Locked Out The Housing Market
A report out today suggests that house prices in Bedfordshire risk locking out a whole generation from the housing market
The report by Grand Union Housing Group shows the average house price in Bedford is £218,045 that is ten times the average local income.
In Central Bedfordshire that average is £223,526 and nine times the average local income.
Young people face renting a property or living with their parents for longer because they cannot afford the deposit on a mortgage.
Tom McIver is 25 and is living at home with his parents in Stotfold, Central Bedfordshire, while he saves for a deposit.
He says he would leave the county for a better chance of getting on the property ladder:
"I looked up in Scotland just for a comparison, I could buy a house there that I could quite comfortably live in, at the moment with work I would only consider living within a 20 mile radius but if there was an opportunity to advance my career anywhere then I would not have a problem doing that if it meant I could get on the property ladder"
He told Heart how he thinks the Government could make it easier on first time buyers:
"Reduce the price of houses, I believe they are over priced as it is. If you go up north the house price drops but your using the same materials, the same labor to build it so why are they so expensive here"
If Tom's situation remains the same he is confident he will be able to get a mortgage on a small property in around two years time.
Grand Union Housing Group say the results of their report show how important it is to provide more affordable housing.
University of Bedfordshire Opens Clearing Support For Students In Beds & MK
100% Of Breast Cancer Patients Also Said They Had All The Information They Needed
New Firm To Operate On West Coast Mainline By Christmas
Recently Played Tracks
Now playing: The best feel good music
Deposit £10 to get a £40 Welcome Bonus - That's £50 to play bingo, slots and more!*
Over 50 tracks to make you feel-good. New album out now...
Find your local four day weather report here.
What's happening on the roads where you are?
Make Heart the soundtrack to your day and you could be a winner with great prizes up for grabs throughout the day.
Find out more about some of the companies advertising on Heart 96.9
Get some great ideas on how to advertise your business on radio, online and on mobile.