{"id":4927,"date":"2022-03-09T10:03:07","date_gmt":"2022-03-09T10:03:07","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/tomd\/?p=4927"},"modified":"2022-03-09T10:03:09","modified_gmt":"2022-03-09T10:03:09","slug":"long-term-renters-miss-out","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/tomd\/2022\/03\/09\/long-term-renters-miss-out\/","title":{"rendered":"Long-term renters miss out"},"content":{"rendered":"<div class=\"hd-block hd-block-paragraph\">\n<p><strong>In today\u2019s market, getting a foot on the housing ladder is no easy\ntask, but new research highlights just how rewarding home ownership can be.<\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Research from the Equity Release Council (ERC)<sup>1<\/sup> has found\nthat someone buying a house today could save \u00a3326,214 in the next 30 years\ncompared with people who rent throughout the same period \u2013 before house price\ngrowth is even factored into the equation!<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>Financial security<\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Working to build up the funds for a deposit, although difficult, is\nwell worth the effort. Over two-thirds of homeowners say they feel confident\nabout their financial future, higher than the 45% of renters who feel the same.\nYet, more than half of people who are not yet homeowners believe it is <em>\u201cunrealistic\u201d<\/em>\nto think they ever will be.<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>Confidence and flexibility <\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Homeownership, the research concludes, is becoming ever more critical\nto financial wellbeing and being able to achieve one\u2019s long-term financial\ngoals.<\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>Chair of the ERC, David Burrowes, said, <em>\u201cPeople today are living\nand working longer with responsibility to fund their later years and will need\nto think differently about their financial decisions at different life stages.\nFor people who manage to buy their own home during their working lives, the\nextra confidence and flexibility this provides will be even more critical to\ntheir financial wellbeing than it is today.\u201d<\/em><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p><strong>A foot on the ladder<\/strong><\/p>\n<\/div>\n\n<div class=\"hd-block hd-block-paragraph\">\n<p>When you\u2019re looking to get onto the property ladder, sound advice\nimproves your chances of success. To make your first steps towards\nhomeownership, get in touch.<\/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>As a mortgage is secured against your home or property, it could be\nrepossessed if you do not keep up mortgage repayments. Equity release may\nrequire a lifetime mortgage or a home reversion plan. To understand the\nfeatures and risks, ask for a personalised illustration.<\/strong><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>In today\u2019s market, getting a foot on the housing ladder is no easy task, but new research highlights just how rewarding home ownership can be. Research from the Equity Release Council (ERC)1 has found that someone buying a house today could save \u00a3326,214 in the next 30 years compared with people who rent throughout the [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":4928,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,91],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/4927"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/comments?post=4927"}],"version-history":[{"count":3,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/4927\/revisions"}],"predecessor-version":[{"id":4931,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/posts\/4927\/revisions\/4931"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media\/4928"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/media?parent=4927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/categories?post=4927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/tags?post=4927"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/tomd\/wp-json\/wp\/v2\/hd_content_source?post=4927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}