London Home Prices Out of Reach for First-Time Buyers

The video discusses the challenges faced by first-time home buyers in the UK, particularly in London, where high deposit requirements are pricing them out of the market. It highlights the impact of mortgage rates and the cost of living crisis on housing affordability. The video also touches on the slowdown in property transactions and the resilience of housing prices despite reduced deal volumes.

What is one of the main challenges for first-time home buyers in London?

• Government subsidies

• Abundant housing supply

• Low interest rates

• High deposit requirements

In what year did the European sovereign debt crisis occur, impacting the London housing market?

• 2015

• 2018

• 2013

• 2010

Which city in the UK is noted for having fewer home buyers now than a decade ago?

• London

• Edinburgh

• Birmingham

• Manchester

What trend is observed in the UK housing market regarding property deals?

• Falling through of more deals

• Stable deal volume

• Rising property prices

• Increasing number of deals

What is suggested by the slowdown in housing transactions in the UK?

• A decrease in housing prices

• A rise in mortgage rates

• Resilience in housing prices

• An increase in housing supply