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A third of home-hunters have ‘given up hope’ of owning a property

L&Q final

A third of wannabe homeowners have given up hope of owning a property – and blown their deposit cash on holidays, cars and other luxuries, it has emerged. A study of 2,000 under 35s found that, despite the Government’s Help to Buy scheme, sky-high deposits still are crushing dreams of getting onto the property ladder. [...]


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Posted by Ben Harrow

Half would be ‘completely stuffed’ if they lost their job

More than half the working population would be ‘completely stuffed’ if they lost their job tomorrow, it emerged. Researchers who carried out a detailed study into the financial commitments of 2,000 adults revealed a worryingly high percentage are living ‘hand to mouth’ and have no savings to fall back on. Most of those blamed the [...]


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Posted by Ben Harrow

Life’s Greatest Achievements- paying off the mortgage tops the list

Neighbours

Paying off your mortgage has been hailed as life’s greatest achievement, research has found. A study into the reflections of 1000 over 50’s found that reaching the tail-end of mortgage-payments was a huge achievement, even more so than happiness within the family or a long-lasting marriage. Supporting the family financially and being able to put [...]


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Posted by Ben Harrow

Slipping Life Goals

House

The average British adult is up to 19 years behind schedule with their ‘life plan’, it was revealed yesterday. Researchers found millions of people have struggled to tick off some or all of the significant milestones such as owning a house, getting married and starting a family. Most cite a low level of disposable income, [...]


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Posted by James Coleman

Boomerang generation

FlyTheNest

Grown-up children who don’t fly the nest set their parents back a staggering £3,600-a-year, a report revealed yesterday. The ‘Hotel Mum’ generation takes liberties by using expensive utilities, eating them out of house and home and borrowing money they have no intention of paying back. And with the average child not leaving home until the [...]


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Posted by Dan Drage

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