You’ve heard about it, but do you really know it? In 3 minutes, we help you understand the true meaning behind the trends, concepts and acronyms that are making headlines. After listening, you will really know for sure.
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You’ve heard about it, but do you really know it? In 3 minutes, we help you understand the true meaning behind the trends, concepts and acronyms that are making headlines. After listening, you will really know for sure.
Is it still possible for young people in the UK to become homeowners?
Do you really know?
4 minutes
3 days ago
Is it still possible for young people in the UK to become homeowners?
In the UK, owning a home is still seen as a key sign of financial stability. For many, it means security against life’s uncertainties - job loss, illness, or income drops and a way to build long-term wealth instead of paying rent.
Today, according to the comparison site Finder the average age of a first-time buyer is just under 34. In London, it’s closer to 35. That’s several years older than in the 1990s, when most first-time buyers were in their late twenties.
So why has it become so complicated to buy now? What about young people specifically? So, is it still possible for young people in the UK to become homeowners? In under 3 minutes, we answer your questions!
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A Bababam Originals podcast written and realised by Amber Minogue.
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Do you really know?
You’ve heard about it, but do you really know it? In 3 minutes, we help you understand the true meaning behind the trends, concepts and acronyms that are making headlines. After listening, you will really know for sure.