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In a world where one in five Brits feel held back by not owning a home, the urge to switch from renting to owning is stronger than ever. Research from The Media People shows us why. Read below the top 10 reasons why renters want a place of their own.
Feeling like you truly belong where you live
There’s a unique magic in feeling a deep sense of belonging where you live. It’s not just about having a roof over your head; it’s establishing a connection with a place that becomes an integral part of who you are.
Embracing adulthood
Owning a home isn’t just a financial milestone’ it’s a symbolic gesture of stepping into adulthood. The pride that comes with managing and maintaining your own space is a rite of passage many renters eagerly anticipate.
Playing host for a change
For those accustomed to being the guests, owning a home opens the possibility of playing host. Transforming your space into a hub for friends and family gatherings fosters a sense of community and strengthens personal connections.
Cultivating green dreams
Whether it’s a small herb garden or a big veggie plot, owning a home is like having a blank canvas to create your own green sanctuary. Growing your fruits and veggies doesn’t just amp up your cooking game – it also lets you tap into the natural beat of life.
Culinary creativity unleashed
A home kitchen is more than just a place to cook; it’s a canvas for culinary exploration. Owning your space allows you to develop your cooking and baking skills without limitations, turning your kitchen into a haven for creativity.
Furry friends welcome
For many, the dream of having a pet is a powerful motivator to own a home. Whether it’s fostering, adopting, or simply providing a stable environment for a four-legged friend, homeownership opens the door to a life shared with a beloved companion.
To start a family
The desire to start a family often goes hand in hand with the dream of homeownership. Creating a stale and nurturing environment becomes a tangible goal, transforming a house into a home where memories are made, and traditions are built.
Rooted in community
Owning a home enables you to put down roots in a local area, empowering you to make a positive impact on the community. Whether through volunteering, supporting local businesses, or engaging in community initiatives, homeownership fosters a sense of responsibly and connection.
Wild spaces for wildlife
Homeownership allows you to create a wild space in your outdoor space, contributing to wildlife conservation and creating a haven for local fauna.
Room to grow, room to succeed
For aspiring entrepreneurs, having the space to set up a home office or launch a business is a game-changer. Homeownership isn’t just about a physical space; it’s about creating room for your professional dreams to flourish.
For aspiring home owners, Shared Ownership may present a much easier and more affordable route to home ownership. At London Square, we have a range of homes available where you have the option to buy a smaller share in your home, while paying rent on the remainder until you are ready to staircase and purchase the rest of your property when the opportunity presents itself.
Check your eligibility using our handy affordability calculator and find out the other advantages of Shared Ownership.
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