Housing ladder - Revision history

Designing Buildings at 07:25, 23 February 2021

2021-02-23T07:25:20Z

← Older revision		Revision as of 07:25, 23 February 2021
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	* The rise of multiple property ownership in Britain.		* The rise of multiple property ownership in Britain.

−	[[Category:Theory]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Theory]]

Designing Buildings at 10:48, 5 September 2019

2019-09-05T10:48:33Z

← Older revision		Revision as of 10:48, 5 September 2019
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−	[[File:Ladder-~~1558046 640~~.jpg]]	+	[[File:Ladder-1558046_640.jpg\|link=File:Ladder-1558046_640.jpg]]

	In recent years, buying a home has, for most, become extremely expensive – and for some young people almost impossible. This is widely thought to be the result of a housing shortage in the UK.		In recent years, buying a home has, for most, become extremely expensive – and for some young people almost impossible. This is widely thought to be the result of a housing shortage in the UK.

−	The housing ladder is a metaphorical term that is much used in the UK to signify the enormous undertaking that buying a house represents but also to show the possibility of ascending to higher levels of home ownership.	+	The housing ladder (or property ladder) is a metaphorical term that is much used in the UK to signify the enormous undertaking that buying a house represents but also to show the possibility of ascending to higher levels of home ownership.

	Ownership typically begins with the purchase of a first property – a house or flat – usually at the lower price bands of the market. In acquiring such a property, the purchaser is said to have ‘got their foot on the housing ladder’ – or be on the first rung of the housing ladder. The implication is that being at the bottom there is still some way to go, but the achievement may nevertheless represent the start of lifelong home ownership.		Ownership typically begins with the purchase of a first property – a house or flat – usually at the lower price bands of the market. In acquiring such a property, the purchaser is said to have ‘got their foot on the housing ladder’ – or be on the first rung of the housing ladder. The implication is that being at the bottom there is still some way to go, but the achievement may nevertheless represent the start of lifelong home ownership.

Designing Buildings at 10:47, 5 September 2019

2019-09-05T10:47:11Z

← Older revision		Revision as of 10:47, 5 September 2019
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−	In recent years, buying a home has, for most, become extremely expensive – for many young people almost impossible. Housing ladder is a metaphorical term that is much used in the UK to signify the enormous undertaking that buying a house represents but also to show the possibility of ascending to higher levels of home ownership.	+	[[File:Ladder-1558046 640.jpg]]

−	~~Ownership typically begins with the purchase of~~ a ~~first property~~ – ~~a house or apartment – usually at the lower price bands of the market~~. ~~In acquiring such a property, the purchaser~~ is ~~said~~ to ~~have ‘got their foot on the housing ladder’ – or~~ be on the ~~first rung~~ of ~~the~~ housing ~~ladder. The implication is that being at~~ the ~~bottom there is still some way to go, but the achievement may nevertheless represent the start of lifelong home ownership~~.	+	In recent years, buying a home has, for most, become extremely expensive – and for some young people almost impossible. This is widely thought to be the result of a housing shortage in the UK.

−	~~Even though~~ much ~~money may be owed on~~ the ~~property, say through~~ a ~~mortgage or bank loan,~~ the ~~purchaser is still regarded as a~~ home ~~owner who, as a result, is firmly on the housing ladder~~.	+	The housing ladder is a metaphorical term that is much used in the UK to signify the enormous undertaking that buying a house represents but also to show the possibility of ascending to higher levels of home ownership.

−	Subsequent property purchases are seen as moving progressively up the ladder, until middle- or old-age sees most people acquire their final property. At this juncture, they have probably reached the highest rung they can achieve in terms of property ownership.	+	Ownership typically begins with the purchase of a first property – a house or flat – usually at the lower price bands of the market. In acquiring such a property, the purchaser is said to have ‘got their foot on the housing ladder’ – or be on the first rung of the housing ladder. The implication is that being at the bottom there is still some way to go, but the achievement may nevertheless represent the start of lifelong home ownership.
		+
		+	Even though much money may be owed on the property, typically through a mortgage, the purchaser is still regarded as a home owner who, as a result, is firmly on the housing ladder. Subsequent property purchases are seen as moving progressively up the ladder, until middle- or old-age sees most people acquire their final property, or downsize. At this juncture, they have probably reached the highest rung they can achieve in terms of property ownership.
		+
		+	A number of initiatives have been introduced to help first time buyers get on the housing ladder, such as rent to buy, help to buy and so on.

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

		+	* Help to buy.
	* Home ownership.		* Home ownership.
	* Housing market.		* Housing market.
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	* National Planning Policy Framework.		* National Planning Policy Framework.
	* Owner.		* Owner.
		+	* Rent to buy.
	* Resident.		* Resident.
	* Self build.		* Self build.

Editor at 17:00, 29 August 2019

2019-08-29T17:00:50Z

← Older revision		Revision as of 17:00, 29 August 2019
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	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

		+	* Home ownership.
	* Housing market.		* Housing market.
	* Housing shortage.		* Housing shortage.

Editor: Created page with "In recent years, buying a home has, for most, become extremely expensive – for many young people almost impossible. Housing ladder is a metaphorical term that is much used in t..."

2019-08-29T17:00:10Z

Created page with "In recent years, buying a home has, for most, become extremely expensive – for many young people almost impossible. Housing ladder is a metaphorical term that is much used in t..."

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In recent years, buying a home has, for most, become extremely expensive – for many young people almost impossible. Housing ladder is a metaphorical term that is much used in the UK to signify the enormous undertaking that buying a house represents but also to show the possibility of ascending to higher levels of home ownership.

Ownership typically begins with the purchase of a first property – a house or apartment – usually at the lower price bands of the market. In acquiring such a property, the purchaser is said to have ‘got their foot on the housing ladder’ – or be on the first rung of the housing ladder. The implication is that being at the bottom there is still some way to go, but the achievement may nevertheless represent the start of lifelong home ownership.

Even though much money may be owed on the property, say through a mortgage or bank loan, the purchaser is still regarded as a home owner who, as a result, is firmly on the housing ladder.

Subsequent property purchases are seen as moving progressively up the ladder, until middle- or old-age sees most people acquire their final property. At this juncture, they have probably reached the highest rung they can achieve in terms of property ownership.

= Related articles on Designing Buildings Wiki =

* Housing market.
* Housing shortage.
* National Planning Policy Framework.
* Owner.
* Resident.
* Self build.
* Self build initiative.
* Shared equity / Partnership mortgage.
* Shared ownership.
* The rise of multiple property ownership in Britain.

[[Category:Theory]]