Housing & mortgage round up: Life gets harder for first time buyers, whilst sellers reduce asking prices

Housing & mortgage round upA glut of stories this week emphasising how hard it is for would-be house buyers, especially first time buyers, to get on the housing ladder. House prices are rising faster than wages, new house building is falling and rents are rising, all making it harder for first time buyers. Whilst at the same time sellers are having to reduce asking prices by record amounts....