{"id":72193,"date":"2013-12-11T14:00:15","date_gmt":"2013-12-11T07:00:15","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-buy-a-house-at-age-52-or-rent-for-the-rest-of-my-life\/"},"modified":"2017-11-18T12:06:32","modified_gmt":"2017-11-18T05:06:32","slug":"should-i-buy-a-house-at-age-52-or-rent-for-the-rest-of-my-life","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-buy-a-house-at-age-52-or-rent-for-the-rest-of-my-life\/","title":{"rendered":"Should I buy a house at age 52 \u2013 or rent for the rest of my life?"},"content":{"rendered":"<p>&#013;<br \/>\nReader wants security for herself and her daughter \u2013 but is not sure whether it makes sense to take out a mortgage at this stageQ I am a 52-year-old single woman in a secure job earning approximately \u00a330,000 annually which will increase yearly but not by a great deal. I do not have a pension and I have been happily renting for most of my life. My daughter is 16 and it is likely she will spend another six years in full-time education. I have savings of around \u00a320,000 but no other assets.In the last year I have been looking at property and thinking of buying. I could probably afford a house for around \u00a3100,000 with me contributing a cash deposit of 10%. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2013\/dec\/11\/buy-house-or-rent\" target=\"_blank\">Should I buy a house at age 52 \u2013 or rent for the rest of my life?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Reader wants security for herself and her daughter \u2013 but is not sure whether it&#46;&#46;&#46;<\/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-72193","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-iMp","jetpack-related-posts":[{"id":65400,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-i-buy-a-house-for-my-mum-to-live-in-rent-free\/","url_meta":{"origin":72193,"position":0},"title":"Can I buy a house for my mum to live in rent-free?","date":"September 4, 2017","format":false,"excerpt":"\r I\u2019m doing well financially while she is struggling, but there seem to be hurdles regarding close relativesQ My mum is 52 and lives on her own on a low income in the north of England. I rent and work in London and am fortunate enough to be on a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146300,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-real-estate-sales-hit-52-5bn-in-h1-as-apartment-villa-and-rent-prices-all-increase-report\/","url_meta":{"origin":72193,"position":1},"title":"Dubai real estate sales hit $52.5bn in H1 as apartment, villa and rent prices all increase: report","date":"July 11, 2024","format":false,"excerpt":"\r Dubai real estate sales and rental transaction data shows sign of strong increases for years to come says Espace report\r \r Source : arabianbusiness.com\r Read more...Dubai real estate sales hit .5bn in H1 as apartment, villa and rent prices all increase: report","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2024\/07\/3-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":126348,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-cant-afford-a-london-flat-but-should-i-buy-elsewhere-and-rent-it-out\/","url_meta":{"origin":72193,"position":2},"title":"I can\u2019t afford a London flat but should I buy elsewhere and rent it out?","date":"May 9, 2022","format":false,"excerpt":"\r I am about to finish university, am due to start earning \u00a330,000 from September and could live at homeQ I\u2019m in my early 20s and just about to finish university. Through university scholarships and working, I have been able to save about \u00a320,000.I want to buy a property once\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120218,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-to-turn-the-uks-generation-rent-into-generation-buy-larry-elliott\/","url_meta":{"origin":72193,"position":3},"title":"How to turn the UK&#039;s &#039;generation rent&#039; into &#039;generation buy&#039; | Larry Elliott","date":"February 7, 2021","format":false,"excerpt":"\r A new paper says a \u2018blended mortgage\u2019 can work for first-time buyers unable to access help to buy or the bank of mum and dadProperty is Britain\u2019s obsession. As soon as the first lockdown ended there was a burst of activity in the housing market that only now seems\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101175,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-give-my-daughter-a-loan-to-buy-the-home-she-rents-from-me\/","url_meta":{"origin":72193,"position":4},"title":"Should I give my daughter a loan to buy the home she rents from me?","date":"November 12, 2018","format":false,"excerpt":"\r I won\u2019t need the rental income once I start getting my state pension in six months\u2019 timeQ I am 64 years old and a homeowner, but I also own a second property worth around \u00a3180,000, which I bought with an inheritance. I rent this house for a modest sum\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129182,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/want-to-turn-your-leasehold-into-an-airbnb-it-may-be-against-the-rules\/","url_meta":{"origin":72193,"position":5},"title":"Want to turn your leasehold into an Airbnb? 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