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The housing crisis just got risky

The housing crisis just got risky

Published 9 years, 10 months ago
Description

We’re not building enough homes – about 100,000 too few every year. It makes housing unaffordable.

To ‘help’, Barclays bank has decided to step in and offer 100% mortgages to first-time buyers. How quaintly 2007 is that?

The other catch is that parents have to stump up some of their nest egg as part of the deal.

Is this a good thing? Simon Lambert and Lee Boyce of This is Money and Share Radio’s Georgie Frost investigate.

Also on the show:

Just how big is the business of being a parent with children who can’t leave home without a bailout?

Buy-to-let landlords are piling more financial misery on to tenants.

Good news though for broadband customers – providers can’t lie about much it costs any more

We take a look under the roof of the supermarket business and ask whether their loyalty cards are a spent entity

Oh and our take on Leicester City, the football team that came from nowhere to win the Premiership: why the hell did bookies offer odds of 5,000 to 1 against that happening when there are only 20 teams in the league?


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