Tagged: buying a home

January 30, 2017

Is a Mans Home Still His Castle?

The British seem to have a continuing obsession with owning their own home in a way that,s ay, the French or Germans do not. This attitude is often linked to the housing boom that started in the 1980s when local authority housing was being sold off to tenants at knock-down prices and the mortgage market was deregulated. There was a slump (or re-correction) in the housing market in the late 80s but soon we were back on a relentless rise of property prices and more and more people started to view property as more of an investment than a place to create roots and build a home and life.

It seems that Brits are still obsessed with owning their own homes even though the level of home ownership is now at its lowest level since 1986. We Brits love updating and improving our homes and you can’t really do that in a rented property – the most you can do if your rent is add some cushions and new bed linen. It’s also one of the reasons why 97% of older people want to stay in their own home and have either homecare or live-in care rather than go into a care home. However, “Generation Rent” is growing as more and more people are being forced to rent privately because they cannot save the level of deposit required as a down payment on a home of their own.

The large deposits now required by banks and other lenders make it hard even for those on a good salary and with sound personal finances to buy a home. Since the desire to own our own homes is still strong many young people are turning to parents, according to financial experts at Solution Loans, who will often act as guarantors for guarantor loans to raise a deposit. Or they will lend the cash for a deposit in order to provide their offspring with the security of home ownership

When you're updating and improving your home remember to consider your own health and the health of our environment and planet. This is the expert advice from my pal Eric over at Eric Land Mentoring and he knows his stuff about all thing eco-friendly.
Factor in easy ways to recycle, for instance; have a large compost area in the garden and rig up a water butt for watering plants. Make living healthily and in an eco-friendly way esier for yourself. Maybe even grow some of your own fruit and vegetables if that rocks your boat (have to say that it's hard work but ça vaut la peine)
The vast majority of people want to create a home for life, if they can. That's why so many older people want to stay in their own home (see www.liveincarehub.co.uk)and not move into a care home. So think about the future when creating a happy, healthy home.

Tagged: buying a home

Is a Mans Home Still His Castle?

Owning Your Own Home

Creating a Healthy Home

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