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The Project Support Centre is located in the School of Architecture and the Built Environment at the University of Westminster.

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ITEM Club Special Report on housing

Posted on: 4 February 2014
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Filed under: News

London’s housing market is beginning to show signs of ‘bubble-like conditions’, while the rest of the UK has returned to normality, according to a report on housing from Ernst & Young. According to the report, income multiples are now back to pre-financial crisis levels in London, with homeowners taking on ever larger mortgages. Caution on the part of borrowers and lenders should prevent a serious problem developing, but the report warns that policy makers should be monitoring this trend closely and be prepared to take action if this key indicator of market stability continues to escalate.

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