The British love affair with homeownership

The British love affair with homeownership

Homeownership has long been part of the British dream — a symbol of stability, pride, and independence. Despite today’s challenges, the latest Census shows the desire to own remains strong across the UK, with most households still choosing to buy. The dream of having a place to call home is very much still there.

For generations, owning a home has been part of the national dream. It represents more than bricks and mortar, it is security, stability, and a sense of achievement. The most recent Census results underline just how strong that desire remains across the UK.
In Scotland, 63.2% of households own their homes, while Northern Ireland sits slightly higher at 65.2%. Wales leads the way with 66.1%, and in England, the South West tops the chart at 65.9%. Even in London, where affordability is at its toughest, almost half of households (45.2%) still manage to get a foot on the ladder.
When you add it all up, that means millions of families across the country still see ownership as the foundation of their lives. From the 1.9 million owned households in the North West to the 2.5 million in the South East, the figures show how deeply embedded the aspiration is.
Of course, buying a home today can be daunting. Prices, mortgages, and moving costs are challenges, but the goal is the same as it has always been. If you are thinking about making that step yourself, the first conversation is often the most important one.

Call me anytime for a 'property chat', on mobile 07970 203228, the office on 01953 453838, or email tony@millbanks.com .With over 41 years of experience in property sales and marketing, I’m can offer clear guidance and support every step of the way.
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