Buying a property with someone else can have major practical and financial advantages – including saving up for a deposit, getting a mortgage and paying household bills.But what exactly is joint ownership or co-ownership? What does it mean? What are the pros and cons?
So you are not a homeowner now and you want to become one…Have you ever thought that it’s impossible to get on the property ladder – due to obstacles such as lack of affordability and difficulties in saving the deposit? Of course you have!
According to Pew Research Centre, millennials are people born from 1981 to 1996, broadly people currently (2019) in their early-twenties to late thirties. They are a concern to politicians and commentators because few of them are becoming homeowners compared to prior generations
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.
No, it is not a “wind-up”; in a manner of speaking, lodgers do give away properties – real bricks and mortar properties. Are you going to be one of those that pick up a freebie – or are you going to look a gift horse in the mouth?
EDITORIAL Welcome to the September 2018 edition of Property Trends – the monthly bulletin that focusses on property trends for residential property investors, landlords and tenants. This month we look at 4 topics: UK house prices – are they set to go up or down? First time buyers […]
So I know your story. You’re one of those “millennials”, those twenty/thirty somethings – somewhere in this great world of ours – fed up with rentals, parents or roomies and looking to buy your first home. It is part of the timeless quest for freedom, independence and control. […]
They have been written off a thousand times…the millennials…”the homeowner-less generation”…doomed to be renters for the rest of their lives. But could we have got it wrong? Are the millennials set for a spectacular comeback? Is millennial homeownership destined to increase in the long term, confounding the doom-mongers? […]
It seems there is always bad news about millennials and younger people wanting to be homeowners. It’s taking longer than ever to save up down payments or deposits. Home loans are out of reach for many. The average age of first time homebuyers is getting higher and higher. […]
One of the reasons why so many of us are short of money is because we waste it. Often. Sometimes spectacularly. Usually the sums are not ginormous, but on occasions they can be truly embarrassing – when looked at in the cold light of day. The key to […]