Equity and value appreciation are the benefits of home ownership - Mortgage Introducer

  • Date: 17/07/2019

Appreciating value and equity build-up are the main benefits for property homeowners, BLP Insurance, a specialist residential warranty and commercial latent defects insurer, has found.

That was the view of almost half (46%) of homeowners, with this viewpoint particularly prevalent among over 55-year-olds (56%) compared with 18-34-year-olds and 35-54-year-olds (35% and 45% respectively).

Kim Vernau, chief executive at BLP Insurance, said: “With prospective first-time buyers struggling to get their foot on the housing ladder and no quick fix in sight, it’s more important than ever that the standards of rental accommodation are addressed.

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