Student debt could be bar to home ownership

Students are saddled with average debts of £44,000 and this could harm their chances of home ownership - meaning more people will be renting. In a poll of UK mortgage lenders, some 59 per cent said they believe higher student debt and loan repayments will become a bigger barrier to home ownership for younger borrowers.

Mortgage advisers are even more damning about the effects of student loans, with 66 per cent believing higher student debt will contribute to locking future generations out of the housing market. 

Peter Williams, executive director of the Intermediary Mortgage Lenders Association, which conducted the research, said: “A clear majority of brokers and lenders believe increased student debt and bigger loan repayments will become a greater barrier to home-ownership for prospective buyers. “Today, first-time buyers’ student debt is much smaller than that faced by more recent graduates, and the industry is rightly concerned that this could grow into a more significant problem. “The challenges faced by current first-time buyers are already numerous enough, without a huge student debt weighing them down.” 

EXPERIENCED INVENTORY CLERKS/PROPERTY INSPECTORS WANTED BOURNEMOUTH AND SURROUNDING AREAS

Conducting property inspections for residential lettings at the beginning

and end of tenancies to determine condition and contents. Applicants must

have good customer facing communication skills; confident IT skills

including Word Formatting, downloading of photographs, email and to be

willing to learn Dragon Voice Recognition Software.


A driving licence is also required and own transport is essential.

References will be required


The positions are self-employed, flexible and can fit in with family

responsibilities, seasonal travelling etc.


We are part of the national company www.inventoryclerk.com and we hold

regular training to keep our clerks up to date with changes and new skills.


We also have a limited number of Trainee positions available.


Please email us a pdf copy of your CV to ann.evans@inventoryclerk.com making sure your daytime/early evening phone details are included and stating your preferred time for us to call you.


Closing date 28 February and successful applicants must be available for Induction on March 11th.

Welcome to Inventoryclerk Cotswolds

We are pleased to announce that Inventoryclerk Cotswolds is now trading.

Inventoryclerk Cotswolds is a small team of expert inventory clerks lead by Glen Penman and services all of the main centres in the Cotswolds to include Cheltenham, Cirencester and Gloucester. The team covers a wide area and includes all of the following post codes:

Cheltenham GL50 GL51 GL52 GL53 GL54

Moreton-In-Marsh GL56

Chipping Campden GL55

Cirencester GL7

Stroud GL5 GL6

Chipping Norton OX7

Tewkesbury GL20

Lechlade GL7

Fairford GL7

Gloucester GL1 GL3 GL4

Before joining Inventory Clerk, Glen spent almost 16 years working in the Residential Sales and Lettings markets in West London working at both Management and Sales Director levels. Most recently Glen has worked as an Area Lettings Manager in West Oxfordshire and understands how important it is for both Lettings Agents and Private Landlords to feel confident they are getting the best report available, therefore avoiding unnecessary disputes at the end of a tenancy agreement.

Welcome aboard, Glen. Find Glens contact details here: http://inventoryclerk.com/cotswolds