Swimming Pools, Slides and Bowling Alleys Top Children’s Property Wishlist, Survey Reveals

Survey highlights:
• 74% of 6-10 year olds would like a swimming pool in their future house and over half would like a giant slide
• Around three-in-ten wanted private bowling alleys and helipads, while other desired home amenities ranged from ballrooms to football pitches
• 36% of 6-10 year olds would like their future house to be by the seaside
• 65% of 6-10 year olds want to buy a house before the age of 30

In time for one of the UK's hottest summers on record, homes with swimming pools are revealed to top the wish lists of children under 10, a recent survey by property portal Share to Buy has found.*

Share to Buy surveyed one thousand 6 – 10 year olds about their hopes for their future home, focusing on what special features children would like in their own abode. Making a splash, almost three-quarters (74%) of participants said they wanted a private swimming pool in their house when they’re older.

Coming in second, over half of the children surveyed aspired to own a home with a slide which could take them from the top of their property to the bottom, while 35% wanted to live somewhere with a private bowling alley and 30% were after a helipad for their private helicopter. Other home amenities on respondents’ wish lists included “a football pitch”, “a music room full of musical instruments” and “a ballroom”.

The survey also provided an insight into where children hope to live, revealing that 36% of respondents are hoping for a house by the seaside, while 26% dream of a country home.

Additionally, the survey found that children overall were looking to get on the property ladder sooner rather than later. Almost two-thirds (65%) of those surveyed said they wanted to be home-owners before the age of 30, while 11% were aiming to have a mortgage as early as their teens – making them far more optimistic and ambitious than many young adults today.

Nick Lieb, Head of Operations at Share to Buy, comments: “I’m delighted to see a new generation of children aspiring to home ownership. In the past twenty years, the average property price in London has more than quadrupled,* and with no signs of house prices slowing down, it’s now more important than ever to provide affordable housing solutions for future generations. At Share to Buy, we are proud to be supporting the next generation of homeowners taking their first step on the property ladder through schemes such as Shared Ownership. We are working with some of the sector’s largest providers to deliver truly affordable homes for first time buyers across the capital and beyond.”

Shared Ownership offers buyers the opportunity to purchase a percentage share of a property (between 25% and 75% of the home’s full market value) paying a subsidised rent on the remaining share. Buyers can choose to purchase additional shares as and when they can afford to – also known as ‘staircasing’ - allowing them to ultimately own their home outright. The scheme also often requires much smaller deposits than buying a property on the open market.

Share to Buy is the UK’s largest portal for Shared Ownership homes. To date, the website has received over 250,000 registrations in London alone and more than 2,100 properties are listed from some of the UK’s largest providers of alternative home ownership schemes.

Ends

Editors Notes
* 1000 6 – 10 year olds in the UK. Survey conducted by One Poll, July 2018
**landregistry.data.gov.uk – July 2018


About Share to Buy

Share to Buy is the UK’s largest online portal for Shared Ownership properties. Established in 2004 as the UK’s first specialist online mortgage broker for affordable home ownership products, the site has since developed into a one stop shop for first time buyers, offering the UK’s largest listing of Shared Ownership homes for sale.

To date, we have received 250,000 registrations in London alone, with more than 2,100 properties listed from some of the UK’s largest housing providers, including Hyde New Homes, L&Q and Metropolitan.

www.sharetobuy.com

Issued by Faust PR on behalf of Share to Buy. 020 8392 1085 harriet@faustpr.co.uk