Copy Paste Quotes

Young first-time buyers face toughest time since financial crisis, says UK housebuilder

Barratt Redrow boss says rising interest rates, higher student debt and squeeze on wages hitting property dream

The boss of Britain’s largest housebuilder has warned that it is the most challenging time to be a first-time buyer since the financial crisis, as the dream of home ownership moves increasingly out of reach for many young people.

A combination of rising interest rates, higher levels of student debt and the squeeze on wages is making it “challenging, very, very difficult” for young people to get on the housing ladder, according to David Thomas, the outgoing chief executive of Barratt Redrow.

Continue reading...

May 28, 2026 First-time buyers Housing market Construction industry

Need the full article?

Use the dedicated news page for the summary, then jump straight to the original source when you want the complete story.