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How to own a home by the age of 25

Simon Pook, Head of Residential Property

Only a few people under the age of 25 manage to purchase their own home. As this article shows, with a lot of sacrifices, saving and help from family it is possible. The Government’s Help to Buy schemes have also helped the young people in this article. Watch this space for how this may change in the near future…

Owning a home by the age of 25 has become an unachievable dream for many over the last two decades.

Soaring property prices mean just one in five 25-year-olds own a property, compared to nearly half two decades ago, according to one recent study.

But as the government prepares to unveil its Housing White Paper, there are some young people who have managed to buck the trend – without help from the bank of mum and dad.

Read more: http://www.bbc.co.uk/news/uk-38564137

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