An independent study carried out for national home-builder Taylor Wimpey revealed that nearly 73 per cent of people still aspire to own their own home, with one in three making it more of a priority than getting married, having children or building a career.
The UK appears to be continuing its long-standing love affair with home-ownership, as almost half (46 per cent) of those surveyed said they were prepared to scrimp and save for a deposit and one third (34 per cent) would go without luxuries to afford mortgage payments.
Dominic Harman, managing director for Taylor Wimpey East Midlands, said: “There really is no place like owning your own home for us in Britain.
“Owning your own home isn’t just about practical benefits such as a secure long-term investment and freedom from landlords.
“Studies have shown that homeowners are more satisfied with their lives and happier than those in rented accommodation and when you look at the many advantages of buying and owning your own home, it’s not difficult to see why.
“A home is probably the most expensive and important investment you’ll ever make, and it’s just as important to make the right decision to ensure it’s a match made in heaven.
“Choosing a new home over a second-hand property, gives you a blank canvas to make your new home your own and could save you thousands on DIY, maintenance and improvements, not to mention ongoing savings in areas such as fuel bills.
“Add to this the different financial incentives and assistance packages we can offer, and the benefits really do start to add up.
“With the housing market showing signs of recovery, more mortgage products returning to the market and house prices predicted to rise, it really is time for us all to fall in love with our homes again.”
Taylor Wimpey currently has a number of developments across the East Midlands offering a wide range of homes and incentives designed to help buyers make the move into a new home.
The Government-backed NewBuy scheme has seen an increase in the availability of 95 per cent loan to value mortgages which is only available for new-build properties, meaning that existing homeowners and credit-worthy buyers may now only need to save a five per cent deposit to secure their new home.
Mr Harman added: “One of the many advantages of a new-build property is that we can offer a wide variety of flexible incentives and flexibility which allow potential customers to buy their new home with much lower deposits.
“Government-backed schemes such as NewBuy are really helping to get the housing market moving again and turning aspiring buyers’ dreams of home ownership into a reality.”
There are several new Taylor Wimpey developments in Northamptonshire:
South Wood, Little Stanion (Call 0845 6881360)
The Wheatfields, Burton Latimer (Call 0845 6723817)
Apple Blossom Crescent, Northampton (Call 0845 6713284)
Buttercup Meadow, Northampton (Call 0845 6719041)
For more information call Taylor Wimpey on 0116 2816470 or visit the website at www.taylorwimpey.co.uk/eastmids.