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 Business live – latest updates 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, ...

By Joanna Partridge