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Millions of Britons stay in unhappy relationships just to afford a home

Due To The Large Sums Needed For Deposits, Combining Salaries With A Partner Is Often The Only Option.

News Nation Bureau | Edited By : Tahir Qureshi | Updated on: 05 Aug 2017, 05:55:39 PM
Many UK adults are putting up in relationships just to buy a house (File photo)


If a new survey is anything to go by, as much as 1.8 million UK adults are putting up in relationships just to buy a house quicker.

The study, conducted by L&C Mortgages reveals that 11 per cent of non-homeowners would stay in an unhappy relationship if it allowed them to buy their own property.

It further states that 44 per cent of aspiring homeowners wouldn't have stayed with their partner had property purchasing not been part of the equation.

“The fact that so many people view staying in a relationship they perhaps don’t want to be in as one of their only options for getting onto the housing ladder is indicative of the struggle people face when buying their first home,” David Hollingworth at L&C Mortgages said.

David further explained that due to the large sums needed for deposits, combining salaries with a partner is often the only option.

“Getting onto the property ladder is just unfathomable for me right now,” explained 24-year-old Nathaniel.  

“Salaries for people my age are incredibly volatile so planning ahead seems impossible, the only option is to rent,” the brand consultant told The Independent.

The average price of a first home in the UK hit a record high this year, at £207,693, 50 per cent higher than in 2012.

The scenario is even severer for Londoners, for whom the average home costs a whopping £410,000.

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First Published : 05 Aug 2017, 05:55:39 PM