InvestingProperty

How Much Should You Spend On Rent And Utilities In The UK?

Traditional wisdom states that basic housing expenses like rent and utilities should cost no more than 35% of your annual monthly income. We know this is hard to do in today’s economy and housing market, so we recommend a more relaxed percentage of 45%. Quite often the best place to start is by really understanding how much is going out. So, before you work out how much you should be spending on…
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InvestingProperty

Why Millennials Aren’t Buying Homes Anymore

If one thing is obvious about today’s economy, young people are not buying houses as much as previous generations. According to Business Insider, only a third (31%) of UK millennials own any property at all, behind the global average of 40%. Further, only 74% of UK…