How savvy are the UK's teenagers when it comes to buying a home?

publication date: Nov 5, 2019
 | 
author/source: Kate Faulkner, Property Expert and Author of Which? Property Books

How savvy are the UK's teenagers when it comes to buying a home?

 

How savvy are the UK's teenagers when it comes to buying a home?

 

With much of the press regularly reporting that it’s impossible for youngster’s to get on the housing ladder today, I thought it would be interesting to see what teenagers in my local area – Nottingham – thought about their chances of getting on the property market.

 

Rather than interrogate budding buyers myself, I thought it best to let one of their peers run the research – and film the results.

 

I recruited aspiring film producer, Millie Hoskin, during the school’s work experience week, to chat to friends to learn how well teenagers know their local property market. We asked for their views on key property issues such as how much a property costs, what deposit they might need and whether it’s better to buy a flat or a house.  

 

Two more films were created with the help of local experts Lloyd Rumbold, director of Belvoir, Nottingham and Rose Davis, director of Davis & Co property lawyers focusing on key Q&As about affordability and whether first time buyers should buy a flat or a house.

 

The results are a fascinating insight into the next generations views about the property market and you can listen to their thoughts and the experts advice as Millie kindly (and very professionally!) put together the following films:-

 

Film One

We asked the next generation some key questions on how easy or difficult they felt it would be to get on the ladder, what deposit they would need, how much a property would cost and where they would like to live.

 

 

Film Two

Is it easy to get on the property ladder? And Lloyd Rumbold from Belvoir Nottingham

 

 

Film Three

Buy a flat or a house? Find out what teenagers think vs the experts!

 

The legals of buying & selling a home -
The Society of Licensed Conveyancers
Advantages of a new build property -
Barratt London
Help to Buy a new build -
Barratt London
 The legals of buying & selling a home Advantages of a new build property checklist Help to Buy a new build checklist

 

 


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