What turns a house into a home? The memories we make there, the style we decorate it… Or owning the property? We’ve explored the history of home ownership and renting, along with the average costs of owning a home throughout the decades, to reveal how people will live in 10 years…

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Did You Know?

  • The number of occupied private rental households will increase in England by 2,458,364 between 2017 and 2028 – that’s a little less than the population of North East England.
  • The number of occupied housing association households will increase in England by 818,014 between 2016 and 2028 – that’s not far off the population of West Sussex.
  • The average price of a UK house was £208,318 in 2017 – that’s set to increase to £255,292 by 2028.
  • The average monthly rent in Great Britain cost £925 in 2017 – that’s set to increase to £1,017 by 2028. Says...

  • If you’re considering saving for a deposit, there are several saving techniques.
  • First, stick to a budget. You can control your finances and work out the maximum you can save each month by carefully planning your spending.
  • Cut back your spending. You can save more towards a deposit if you spend less on entertainment, and looking for a better deal on essentials like gas and electricity.
  • If you rent, you could cut your costs while you save a deposit by moving into a cheaper property, moving back in with your family, or sharing a property with friends.
  • Read our full guide on saving up for a deposit.
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