According to Inside Housing it is found 71 per cent of people do not think the government is giving enough attention to affordable housing. 70 per cent support building more homes for rent. Affordable housing was the second biggest concern for those in private rented accommodation, after the economy but above health and education. Given a list of possible policies, 18 per cent said they struggle to pay their rent or mortgage. If the question ‘sell my house for cash but how?’ boggles your mind while you sink in debt, avail a guaranteed purchase to our company without paying any fee.

A study from the London School of Economics and Political Science, argues that without London’s contribution neither 150,000 affordable homes nor longer term housing objectives is achievable. Stephen Howlett, chief executive of housing association Peabody and outgoing chair of the G15, and Boris Johnson, mayor of London, said ‘We want to work with government to find new ways of providing the homes London so badly needs’ and for attaining ‘far-reaching social and economic benefits of investment’.

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Speaking at the launch of a report on affordable housing in London Toby Lloyd said the sector needs to come up with arguments ‘that this government wants to listen to’. ‘The housing sector tends to bang on about housing need, I think we have to accept fundamentally the government does not care,’ he said. He said that the strategy of allocation must be based on market since 80 % of housing in UK is based on markets.

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Phillip Blond, director of think tank Respublica, said our social housing is trapping people rather than facilitating them to break out. Many MPs see housing associations as not giving a damn and that’s worrying.’ He also suggested that larger associations should consider breaking up to deliver a more localised service. He laid emphasis on removing the poverty first by government’s idea of ‘Big Society’.

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As the sellers sale away their property at much lower prices, a boom was to be seen in the UK property prices. Average prices fell by 0.1 per cent in June, and the supply of homes for sale continued to grow well ahead of demand. Low transaction volumes, low mortgage rates and forbearance by lenders limiting the number of forced sales have all played their part in increased house sales according to Richard Donnel Research director at HomeTrack.

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According to Lucy Morton, senior partner and head of lettings at W A Ellis, the ever increasing levels of tenants in the market are from all parts of the world. Middle Eastern enquiries continue to flood in but they have also noticed an influx of Russians. Some first time renters moving here for the first time and others upgrading and security is the order of the day.

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While 52% identified worries about job security as one of the main hurdles to buying a property, 31% picked out household finances as a point of concern and 22% said rising interest rates were a major barrier to buying a property. The tightening in lending criteria since 2007 has put off many from attempting to enter the market.

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The big question is whether the government is prepared to back Grant Shapps’s fine words about stability in the housing market with practical measures to prevent future booms and busts. The temptation will be to look at evidence such as the Halifax research and the main barrier to home ownership (the size of deposit) and conclude that less regulation is the answer. If you think you are unable to pay mortgage and the question ‘I want to sell my home privately but how?’ comes to your mind, then take our company’s help that guarantees a sale only in a month.

Despite the claim that there is a big improvement on the peak of housing market, the low class workers in UK still fail to secure a house in respectable areas. For them the only affordable towns are all in the old industrial areas of the North UK and South Wales. The house prices in expensive areas tend to grow faster than the four times the salary of an average worker, says Halifax.

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The economic gloom is likely to keep having an effect on the property market. The UK’s economic recovery is showing signs of faltering, with growth in services and manufacturing slowing in April. The Confederation of British Industry (CBI) said that the economy will expand at a slower pace than previously forecast this year.

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