People are becoming homeowners later than ever – if they are becoming homeowners at all. All the talk is about young people moving away from homeownership – out of choice.
We are being told all the time that millennials (people born between 1981 and 1996) are not into house buying for “lifestyle reasons”. Is that even true? If it is, those millennials are being seriously reckless about their future.
At the very time when fewer and fewer people are able to afford home ownership, the future for tenants seems far from bright… in fact it seems very worrying.
It is not just sensible to buy a property with someone else, it is smart and can save you a ton of money, time and effort in many cases. When it comes to property buying, two is often better than one.
If you are looking for a property bargain, buying a probate property is one of the best ways to do so. But there can be costly practical drawbacks to buying this type of property…
There are several less well-known but cost-effective ways to become a homeowner. One of them is a “home and business combo” – more commonly known as semi-commercial property.
Indications are that house prices are falling or at least softening in many parts of the country and now is a great time to buy a property. But is it really a great time to buy and what if you get it wrong?
Home ownership is definitely becoming more difficult in many parts of the country as issues of affordability begin to bite and buyers find it harder than ever to raise the precious deposit needed to secure the home loan they need.
If you are uncertain whether to buy your own home, think of doing so as a great investment. Many people look on home ownership as a taking on huge risky debt, but for many if not most people it is typically their biggest and best performing investment – dwarfing returns made from self-employment,
When most first time buyers think about buying their first home, they think about buying a traditional house or flat – or a variation such as a bungalow or maisonette.