Homeowners unhappy with their property
There are numerous people within the
uk who would like to complete a mortgage
deal and jump on to the
property ladder. However many people also seem to be buying houses
which they are not comfortable with, new research reveals.
Alliance & Leicester showed that nearly 2 million people
in the UK had completed a mortgage
deal to purchase what they
felt was their ‘dream home’.
A survey was carried out to homeowners asking how they felt about
living in their new home, a scale from one to ten, the average
result was 5.5. This simply indicates that they are living in
homes for the ‘sake of it’ until they can afford
a better mortgage deal.
Throughout London only 3 per cent of people confirmed that they
were happy with their property.
Director of mortgages, Stephen Leonard commented, "It seems people
are happy to move into a property that isn't their ideal, in
order to move up the property ladder and reap the benefit of
rising house prices,"
"More and more people seem to be looking for property on the
basis of an investment, rather than buying their dream home."
Due to further interest rate increases and house price inflation,
it is only preventing potential homeowners from getting a mortgage,
leaving them in rented accommodation for a longer period of time.
Free Mortgage Enquiry