Home Ownership Is Not For Everyone

The following article is great news for those in property related industries. http://www.bbc.co.uk/news/business-22151433 I hope the long deep recession will mean that there are a number of people in their late 20s and 30s looking to buy their first home. This is a positive indicator for property prices over the next year or so. As an IFA in London who is also a qualified mortgage broker in London I wish to say again that home ownership is not for everyone and that all of the costs and commitments need to be calculated and if necessary the purchase of your first home needs to be postponed until it is affordable and a prudent course of action.

This information is intended to provide a general review of certain topics and its purpose is to inform but not to recommend or support any specific investment or course of action. The tips may not apply, or be suitable, to everyone and you should contact us for advice if you are unsure whether this is the case.