About
The Mill Group blog is a space that allows like minded people to share new ideas and discussions on current topics and projects. Mill Group is currently working on a project which allows people to get onto the property ladder – a model that offers an easier transition from renting to buying, as well as providing a unique opportunity for investing in the private residential housing sector.-
May 2013 Mon Tue Wed Thu Fri Sat Sun 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 -
Recent Posts
Archives
- May 2013
- March 2013
- February 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- March 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
Links
-
People
Follow us on
Author Archives: Mike Wisgard
PWC Report Urges Policy Changes to Support Investment in Housing
The report clearly identifies that “without assistance, a single person is unlikely to be able to afford to buy their first house until their late 30s” Continue reading
Posted in Uncategorized
Leave a comment
How Funding into Housing will speed up Economic Recovery
If additional new funding were available for all first time buyers, more would choose to buy street properties than new build. This would open up the market across all housing stock and significantly accelerate the growth in the economy, by driving up local employment levels at a much faster rate. Continue reading
What Hope is there for the Next Generation of Homeowners?
Halifax, in conjunction with NatCen Social Research published a new report today, an update of their Generation Rent research of a year ago. A thorough piece it is too, if very depressing. Continue reading
Is FirstBuy Affordable?
We want this initiative to succeed as we are in favour of any action that will help boost the housing market. But will FTB’s be able to access or afford FirstBuy? Continue reading
Posted in News
Tagged First Time Buyers, Firstbuy mortgage rates, Government firstbuy
Leave a comment
Mill Group to give evidence to CLG Select Committee
Mill Group have been invited to give evidence to the CLG Select Committee following their submission on ‘Financing New Housing Supply’. Continue reading
8 Radical Solutions to the Housing Crisis?
The volume of mortgage approvals has fallen to 40% of 2006/07 levels. It is no surprise that the volume of house building has suffered accordingly, as mortgages have always been the primary source of funding for housing supply.
Posted in Uncategorized
Leave a comment
Local Authorities and other Pension Funds consider Investment into Residential
It’s good to see that more and more Local Authorities and other pension funds and investors are considering investment in residential housing in London as a key part of their overall pensions strategy. Continue reading
Posted in Uncategorized
Tagged Chesterton Humberts house price poll, desirability of homes, desirability of homes in capital, Homes in North and South England, House price poll, investment in London residential, Local authority investment in residential, Local Authority pension strategy, London property price rise, residential housing in London
Leave a comment
Is There Enough Innovation from Mortgage Lenders for First Time Buyers?
Under private sector innovations/ alternative solutions, Mill Group’s Co-investment was listed alongside Castle Trust, Asset Trust and guarantor mortgages. The major lenders have tried to come up with ideas – such as Lloyds’ Lend a Hand, NatWest’s First Home Saver and Nationwide’s Save to Buy – but they tend to move the burden from the FTB to parents. With 77% of FTB’s aged under 30 needing help, can they all rely on rich parents? Continue reading
Posted in Article, Uncategorized
Tagged Asset Trust, Bank of mum and dad, Castle Trust, CML, Co-investment, Council of Mortgage lenders, First time buyer help, FTBs, Homeowner help, Innovation, Innovation in housing, Innovation in mortgage lenders, Lloyds’ Lend a Hand, Mill Group, Mill Group's Co-investment, Mortgage innovation, Nationwide’s Save to Buy, NatWest’s First Home Saver, Private Sector housing innovation
Leave a comment
Smith Institute Report: The Implications of Declining Home Ownership
Large scale investment, and increase of property supply are paramount, however an impetus on different routes into standard and full home ownership by the Government will be more effective in the short term than simply increasing rental supply. Continue reading
Home ownership barrier lies in deposit size
It is not that first time buyers cannot afford the monthly mortgage charges, which, with interest rates as low as they are, are amongst the lowest they have been for many years, it is the fact that the average deposit required by the mortgage lenders is 24% of the value of the house.
