Created by jozefmrozek
almost 11 years ago
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Question | Answer |
Owner occupied | Housing owned by people who live in it, or paying a loan called mortgage from a bank. |
Privately rented | Occupier pays a rent to a private individual who owns the house. |
Squatter housing | Housing occupied illegally or built illegally on land that is not owned by the occupier. |
Cuncil rented | Loaned to the private occupier from public. |
Housing associations | Group of people who own property. Occupier is a member of housing association pays rent but also shares profit. |
Borrowing a mortgage | Bank borrowing money to a buyer. Has to consider if its worth it ? |
Give 3 reasons what happens when fewer young people are entering the housing market. | It makes it difficult to change to a larger house. Reduces overall house prices. Prevents sale of housing after the death of owner. |
Key features of Housing bill in Wales. | use more co-operative housing Place new duty on local authorities to take all resonsable steps for homeless people. |
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