The astronomical cost of renting in the UK is stopping millennial’s from relocating in order to develop their skills and find new jobs. They simply cannot afford to move to areas where they would be better paid and able to live a better quality of life.
Private rents have risen fastest in higher paying areas of the country, so youngsters are staying put in stable and satisfactory income jobs. Young people are often stereotyped as being quick-to-change within the job market, constantly moving around for new job opportunities however this has become less frequent. Although this is partly good news for the country, as employment gaps have fallen and citizens are able to get jobs locally, it also prohibits workers from personal growth and the ability to gain new skills. Firms are also now finding it hard to fill skilled roles.
At Fortitudo, we are making it possible for millennial’s to move to top locations with plenty of job opportunities by giving them the chance to use the governments Help to Buy scheme to purchase a luxury and modern development. Their monthly mortgage fee is most likely to be much less per month than renting costs and they can call a brand-new living space with excellent specification their own.
To view Fortitudo’s developments visit fortitudoproperty.com.
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