HOA in the news

A selection of news articles featuring the HomeOwners Alliance

27/03/2013 The Daily Mail - Have an interest-only mortgage deal? Expect a hike in repayment costs as more banks decide to axe low-cost plan - Paula Higgins calls on mortgage companies not to “shirk their responsibilities” to their customers. This is especially important in the wake of our report On the Edge which found hundreds of thousands may be forced to sell their home when their mortgage expires

23/03/2013 The Times – Will Help to Buy work?
Paula Higgins says: “Help to Buy could spell disaster. If prices fall, buyers will be on the brink of negative equity.”

21/03/2013 The Evening Standard Housing crisis means half of London’s ‘generation rent’ have given up all hope of buying property. Paula Higgins is featured lamenting that “Most people realise they must save hard for the chance to own a home. But even those who make sacrifices are now excluded from entering the London market and creating a stable environment for themselves and their families.”

26/02/2013 The Evening Standard Average cost of deposit for first-time buyers in London? A record £60,000. Featured on page 2 we condemn London’s spiraling house price bubble: “This is robbing a generation of any prospect of getting onto the housing ladder and it’s incredibly unfair. First-time buyers should be providing the life blood of London’s housing, and need more support than ever.”

17/02/2013 The Independent on Sunday The interest-only mortgage time bomb that must be defused: The YouGov poll on interest-only mortgages we commissioned, reveals some shocking figures as well as personal tragedies  with nearly 300,000 people fearing they will lose their home. Click here for the full report

13/02/2013 The Guardian 1.1m interest-only mortgages are ‘ticking time bombs: The YouGov poll on interest-only mortgages we commissioned, reveals some shocking figures as well as personal tragedies, with nearly 300,000 people fearing they will lose their home. Click here for the full report

03/02/2013 Sunday Times Homeowners have a new champion – the HomeOwners Alliance:

“Home-ownership groups are common in Europe, ensuring individuals get a fair deal from government and industry. With the launch of the HomeOwners Alliance, British property owners  finally have an ally.”

25/01/2013 LBC interview with Martin Shankleman over deposits for first-time buyers hitting £100,000 by 2020 – “The only people who can afford to buy are those with wealthy relatives and people who win the lottery. The dream of home owning is dying in Britain because the housing market is so dysfunctional.  And homeowners are actually now in the minority in the capital. Builders now build homes for investors.”

24/01/2013 Evening Standard Deposits for first-time-buyers will hit £100,000 by 2020 - Paula Higgins condemns the capital’s spiraling prices in this front page piece

10/01/2013 ITV1 Tonight: Generation Rent – The HOA’s Martin Shankleman: “There’s been a profound change in the housing market which has robbed a generation of people of the realistic prospect of getting onto the housing ladder and it’s incredibly unfair. Homeowners are much happier about their quality of life that those who live in the rented sector. They are more secure, homeowners have put roots down, which makes for a better standard of living”. Skip to 5:20 to see the interview

14/12/2012 The Guardian  London houses face highest eviction rate -  Paula Higgins says downward trend in the number of repossessions unlikely to last

11/12/2012 Evening Standard Owner occupation in freefall as young people struggle to buy homes - Paula Higgins comments on the latest Census figures – “London is now a city of renters”

23/11/2012 Most families in London now rent rather than own homes – Front page of the Evening Standard reports on the decline of homeownership, as publicised by our report “The Death of a Dream”

19/11/2012 Drop in home ownership “must be priority” - Trade magazine Inside Housing features our report “The Death of a Dream”

16/11/2012 BBC Radio 4 You and Yours – The HOA’s Martin Shankleman debates the findings of our report. Skip to 15:40 for the discussion of home ownership

16/11/2012 British dream of owning your own home is dying, say experts - The Metro features our first report “The Death of a Dream”

16/11/2012 UK homeownership falls to lowest level since 1988 - The Guardian features our first report “The Death of a Dream”

16/11/2012 Home ownership hits lowest level in 24 years – The Telegraph features our first report “The Death of a Dream”

16/11/2012 Housing: are you ready for the new normal? - “The Death of a Dream” is discussed in The Times

16/11/2012 Share drop in Northern Ireland home ownership – “The Death of a Dream” is discussed by the BBC

09/11/2012 Declining home ownership is a national crisis - Chief Executive Paula Higgins, highlights the slump in homeownership in the Daily Telegraph