{"id":27235,"date":"2016-09-26T12:59:22","date_gmt":"2016-09-26T05:59:22","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/struggling-to-get-on-the-housing-ladder-why-not-buy-with-friends\/"},"modified":"2016-09-26T13:10:11","modified_gmt":"2016-09-26T06:10:11","slug":"struggling-to-get-on-the-housing-ladder-why-not-buy-with-friends","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/struggling-to-get-on-the-housing-ladder-why-not-buy-with-friends\/","title":{"rendered":"Struggling to get on the housing ladder? Why not buy with friends"},"content":{"rendered":"


\nIf you\u2019re prepared to share, then two incomes \u2013 or even more \u2013 can get you on to the property ladder. But make sure you get all the details agreed in writingFor the single home buyer, the prospects for getting on the property ladder are not encouraging. The difficulty of saving for a deposit, coupled with a lack of appetite among lenders for high loan-to-value (LTV) mortgages, means the number of singletons making purchases is dropping.So it is little surprise that an increasing number of friends are coming together to buy. Figures from conveyancing firm My Home Move show the number of homes bought by \u201csingle\u201d purchasers has fallen by an average of 4% over the past five years, equivalent to around 10,000 transactions a year. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Struggling to get on the housing ladder? Why not buy with friends<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

If you\u2019re prepared to share, then two incomes \u2013 or even more \u2013 can get...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-27235","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-75h","jetpack-related-posts":[{"id":8256,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-isa-offers-a-helping-hand-on-to-the-housing-ladder\/","url_meta":{"origin":27235,"position":0},"title":"Help-to-buy Isa offers a helping hand on to the housing ladder","date":"November 28, 2015","format":false,"excerpt":"\r Young people struggling to save for their first home are now being offered a help-to-buy Isa, which comes with a tax-free handout from the government. We pick through the detailsA tax-free payment from the government of up to \u00a36,000 for couples buying their first home, and interest rates of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70426,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/build-it-split-it-blag-it-alternative-ways-to-get-on-the-property-ladder\/","url_meta":{"origin":27235,"position":1},"title":"Build it, split it, blag it: alternative ways to get on the property ladder","date":"October 30, 2017","format":false,"excerpt":"\r Whether it\u2019s building your own sprawling mansion or teaming up with friends, there are many creative ways to get your own slice of homeNine years ago, a woman and her four kids managed to build a house from scratch using just a YouTube video for guidance. Cara Brookins took\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1094,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rent-trap-keeping-englands-young-people-off-the-housing-ladder\/","url_meta":{"origin":27235,"position":2},"title":"'Rent trap' keeping England's young people off the housing ladder","date":"July 23, 2014","format":false,"excerpt":"\r Tenants pay more for the roof over their heads than buyers, according to the government's English Housing SurveyYoung people are being caught in a \"rent trap\", with housing costs taking up so much of their income that they are struggling to save enough to buy a home of their\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53475,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-your-parents-helping-you-to-buy-your-first-home\/","url_meta":{"origin":27235,"position":3},"title":"Are your parents helping you to buy your first home?","date":"May 2, 2017","format":false,"excerpt":"\r First-time buyers are struggling to get on the property ladder relying on parents for loans. We\u2019d like to hear from you about your experiencesFinancial assistance from parents for children attempting to buy their first home has risen from an average of \u00a317,000 in 2016 to \u00a321,600 this year.Parents are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":94717,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/squeezed-middle-less-likely-to-be-on-the-property-ladder\/","url_meta":{"origin":27235,"position":4},"title":"\u2018Squeezed middle\u2019 less likely to be on the property ladder","date":"July 26, 2018","format":false,"excerpt":"\r \u2018Just about managing\u2019 group struggling to obtain mortgages, data reveal\r \r Source : ft.com\r Read more...\u2018Squeezed middle\u2019 less likely to be on the property ladder","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136088,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/persimmon-warns-first-time-buyers-struggling-to-afford-new-homes-in-uk\/","url_meta":{"origin":27235,"position":5},"title":"Persimmon warns first-time buyers struggling to afford new homes in UK","date":"April 26, 2023","format":false,"excerpt":"\r Higher mortgage rates and less loan choice hitting sales to people trying to buy first property, says developerSales of new homes to first-time buyers are struggling, according to housebuilder Persimmon, as higher interest rates make mortgages less affordable.The company, which is one of the UK\u2019s largest domestic property developers,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/27235"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=27235"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/27235\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=27235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=27235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=27235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}