The average age to buy your first home in the UK is now 37 years old. But, the average age that people move out of their parents is still the early 20s. After flying their parent's nest and stepping out into the world as young adults, most stay in a rented property rather than getting on the property ladder. As a result, they have been termed Generation Rent.
We watch all the TV shows about renovations and self-builds, lapping it up. We critique their interior design ideas and landscaped gardens. We watch people make mistakes and go vastly over budget. But still, the end result is usually marvellous. A labour of love to cherish - a forever home.
Buying a house is a complicated process. A legal professional must ensure no issues with the property you buy. And, as with many things that involve legal professionals, it seems as if it takes forever! Is it possible to speed things up?
Homeownership is something that the majority of people in the UK strive for. The average age of first-time buyers in the UK in 2007 was 30. But, by the end of 2017, that had risen to 33. With rising house prices, how is the average person in the UK expected to get on the housing ladder?
Phil Spencer, of Location, Location, Location fame says that this little trick can increase the value of your home instantly!
You'll only look at the title deeds for a property in detail when you're either buying a new property or trying to sell one. Most of the time, the deeds are in the loft in a box of important documents or filed away somewhere safe. You're given them by the solicitor, but at that moment, you only want to get moved in, don't you?
Letting agents are a lot like banks. Once a landlord has signed up with an agent, they often don't change; it's too much hassle. But this can mean that many landlords are tied to an agent they're unhappy with. This isn't really good enough, is it?
July 2022 House Price Index from Rightmove.co.uk
The property market has been on the sellers’ side this last couple of years, and, as such, some people have become complacent.
Things have been hot, hot, hot this year. After the UK seeing record temperatures, trying to keep cool has been a challenge.
Summer is here and you may be enjoying the warmer weather, festivals and even travelling to exotic shores, so the last thing you may be considering is moving home.
We've all been there. You apply for a credit card or a loan, and they start to process the application. Your heart rate rises just a touch. And then, after what feels like an age, the application passes. Or it doesn't.