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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.-
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Monthly Archives: July 2010
In the News This Week…
Telegraph – 28th July 2010 The National Institute of Economic and Social Research have forecast house prices will fall in real terms by around 8% over the next five years as inflation outstrips meagre rises in property values, one of … Continue reading
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Mill Group in the press
CEO David Toplas helps to demystify co-investment and the new project with the press. Read other press articles here.
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Response to Parliament
A number of questions were posed in Parliament today (13th July) that are of particular interest. I think freeing up lending to first time buyers and others must remain a key priority. This means not only more lending but also some degree of relaxation on the acceptable Loan to Value levels (currently 70% – 80%) offering accessibility to homeownership at lower levels of deposit and more importantly the willingness of lenders to adopt more innovative approaches to make the goal of homeownership accessible to more people. Continue reading
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(26th July) – News this week…
According to Inside Housing (7 July 2010) | Government cuts will mean 6,000 planned affordable homes will not be built this year. The shortage of new houses being built will almost certainly have the biggest impact in London and the … Continue reading
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Creating choice – bridging the gap between renting and buying
In five years time, co-investment in residential property could be a key cornerstone of the housing market. Today, there is renting or buying – tomorrow, I believe, there will be three main options for the consumer – renting, co-investment and … Continue reading
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