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2006 04 > Houses are the new wedding rings
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Houses are the new wedding rings
Posted: 13 Apr 2006 09:38:24 GMT
New research has found that owning a property is becoming the new symbol of marriage, with 28 per cent of single first-time buyers waiting to meet their perfect partner before buying a home.
The quarterly Moving Improving index from Alliance & Leicester also shows that nearly 40 per cent of those who would prefer to buy a house with a spouse see sharing a mortgage as a symbol of love and commitment.
It is not a sentiment shared by couples who are currently renting together, however, with 14 per cent saying they would not like to buy a house with their current partner.
Around a quarter of these say that it is not the right time in the relationship to make the commitment, while 17 per cent say that they would be reluctant to share any future profits on a house and so would prefer to buy alone.
This independent outlook seems to be increasing, with four in ten single potential homeowners saying they would like to buy their own property.
Nearly three in ten say that living alone is a preference because they do not know or trust anybody enough to buy a property with them.
Another key finding was that seven per cent of single first-time buyers are looking for financial assistance from family members to get a footing on the property ladder.
© Houseladder Ltd
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LATEST NEWS
Lib Dem Cable speaks on reasons for record slump
05 Jan 09
Isle of Man boasts rising house prices
05 Jan 09
Homes in Scotland now more affordable
02 Jan 09
First-time buyers may return by year-end
02 Jan 09
Bold buyers could return this year
02 Jan 09
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31 Dec 08
1 in 5 homes taking a year to sell
30 Dec 08
Repossessions to rocket in 2009
30 Dec 08
Popularity gaining among commercial property
29 Dec 08
Year-end accompanies optimism
29 Dec 08
House prices will drop 35%
24 Dec 08
Lettings and landlords looking good in 2009
24 Dec 08
Capital properties near bottoming out
23 Dec 08
Property prices drop £22,000
23 Dec 08
No house price forecast from CML
22 Dec 08
NAEA offers mixed messages
22 Dec 08
Repossessions could hit 1991 levels
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19 Dec 08
Almost 50% of Brits would still buy property now
18 Dec 08
Repossessed homes increasingly sent to auction
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Asking prices likely to redouble 10% drop
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