ONS Figures - Statement from Darlington BS
15 January 2025
Statement from Christopher Blewitt, Head of Mortgage Distribution at Darlington Building Society following this morning's Private rent and house prices ONS figures:
"It's no surprise to see another increase in both rents and house prices, as stock levels remain challenging with demand outstripping supply and significantly so in certain geographic areas.
"As a Society, we are committed to supporting First Time Buyers to help them achieve their home ownership aspirations, plus in helping landlords provide suitable and quality private rental property nationwide.
"In such a pressured market, brokers have a huge role to play to help borrowers with the incredible choice available in the UK across mortgage lenders, whilst navigating the undoubted complexities that such choice can throw up."
