{"id":571,"date":"2022-02-08T13:36:09","date_gmt":"2022-02-08T13:36:09","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/quilter\/?p=571"},"modified":"2022-02-08T13:36:16","modified_gmt":"2022-02-08T13:36:16","slug":"long-term-renters-on-the-back-foot","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/quilter\/2022\/02\/08\/long-term-renters-on-the-back-foot\/","title":{"rendered":"Long-term renters on the back foot"},"content":{"rendered":"<div class=\"hd-block hd-block-paragraph\">\n<p><strong>Getting a foothold on the housing ladder is no mean feat\nin today\u2019s market. An interesting new study has shown just how rewarding home\nownership can be<sup>1<\/sup>. Before housing growth is factored into the\nequation, someone buying a house could save \u00a3326,214 in the next 30 years\ncompared with people who rent during the same period.<\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Although challenging, building up the funds for a deposit is\nworth it. Over two-thirds of homeowners say they feel confident about their\nfinancial future, compared with 45% of renters who feel the same.<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>Confidence and wellbeing<\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>The research concludes that homeownership is becoming ever\nmore critical to financial wellbeing and the ability for people to achieve\ntheir long-term financial goals. David Burrowes, Chairman of the Equity Release\nCouncil, commented on the findings, <em>\u201cPeople today are living and working\nlonger with responsibility to fund their later years and will need to think\ndifferently about their financial decisions at different life stages. For\npeople who manage to buy their own home during their working lives, the extra\nconfidence and flexibility this provides will be even more critical to their\nfinancial wellbeing than it is today.\u201d<\/em><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>We can help you make your first steps towards homeownership.<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><sup>1<\/sup>Equity Release Council, 2021<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong><em>It is\nimportant to take professional advice before making any decision relating to\nyour personal finances. Information within this article is based on our current\nunderstanding and can be subject to change without notice and the accuracy and\ncompleteness of the information cannot be guaranteed. It does not provide\nindividual tailored investment advice and is for guidance only. Some rules may\nvary in different parts of the UK.<\/em><\/strong><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Getting a foothold on the housing ladder is no mean feat in today\u2019s market. An interesting new study has shown just how rewarding home ownership can be1. Before housing growth is factored into the equation, someone buying a house could save \u00a3326,214 in the next 30 years compared with people who rent during the same [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":572,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/571"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/comments?post=571"}],"version-history":[{"count":1,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/571\/revisions"}],"predecessor-version":[{"id":573,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/571\/revisions\/573"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media\/572"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media?parent=571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/categories?post=571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/tags?post=571"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/hd_content_source?post=571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}