As­pi­ra­tions shat­tered

Yorkshire Post - Property - - PROPERTY -

A THIRD of homeowners ex­pected to be fur­ther up the hous­ing lad­der than they are now, ac­cord­ing to a sur­vey by Lloyds TSB.

More than half be­lieve the con­di­tions in the hous­ing mar­ket are im­pact­ing on their as­pi­ra­tions. The house that the ma­jor­ity of homeowners in the UK hope to make their long-term home is a three-bed­room de­tached prop­erty. Oth­ers as­pire to a home with a garden and garage.

Stephen Noakes of Lloyds TSB says: “With ac­tiv­ity in the hous­ing mar­ket still sub­dued, many cur­rent homeowners are not see­ing the im­prove­ments in the value of their prop­erty that so of­ten pro­vides them with the eq­uity to take that next step on their lad­der.”

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