LATEST research from the Council of Mortgage Lenders’ long-running series on attitudes to housing tenure confirms that home-ownership remains firmly in place as the nation's overwhelming preference and aspiration – and not purely for financial reasons.
Some 72 per cent of adults want to be homeowners in two years, and 80 per cent hope to own in 10 years, broadly in line with the 30-year average sentiment.
But the report by CML chief economist Bob Pannell, based on a survey undertaken on behalf of the CML by YouGov in late June and early July, also reveals some less predictable findings. These include how people perceive part-ownership, and who they think should be helping young people who face affordability hurdles.