Kirstie Allsopp urges college students live with their parents to save for a house

Kirstie Allsopp urges college students live with their parents to save for a house

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Kirstie Allsopp now advocates for college students to live with their parents in order to save for a house.

The host of Location, Location, Location advised college students to “sacrifice” living at home throughout their studies since it may “make an enormous difference” in their capacity to save for a down payment.

TV presenter Kirstie Allsopp said that young people should start saving as early as possible if they want to get onto the housing ladder

In an interview with Times Radio, she said, ‘If you choose to go to university, near your family, and you spend those three years living at home, if you’re able to do that, and it’s a great sacrifice to do so, but it can make an amazing difference.’

If they want to climb the housing ladder, television presenter Kirstie Allsopp recommended young people to start saving as soon as possible.

Additionally, there are several ways to save for the down payment.

Kirstie also said that, with parental assistance, she was able to purchase her first house at age 21.

If the objective is to climb the housing ladder, she advises young people to begin saving as soon as possible.

These words follow her controversial views on savings expressed to the Sunday Times earlier this year.

Kirstie (right) presents property programmes Location, Location, Location and Love it or List It with Phil Spencer (left)

The 50-year-old advocated that in order to purchase a house, consumers should sacrifice additional luxuries, such as cable television and vacations.

She told them, “When I purchased my first property, EasyJet, coffee, the gym, and Netflix did not exist.

I used to carry a sandwich on my way to work. And on payday I would order pizza, see a movie, and purchase lipstick.

Kirstie (on the right) hosts real estate programmes. Location, Location, Location, as well as Love it or List It with Phil Spencer (left)

“Interest rates were 15%, and my annual income was £11,500,”

Individuals should not “fall into the trap of believing it’s impossible” to climb the property ladder, even if it might be difficult.

Numerous young adults opposed Kirstie’s stance on social media, with others pointing out that it is unrealistic in the present situation.

Grace posted a picture of her with a Wendy house and thanked Allsopp for her advice

According to an index, the average price of a house in the United Kingdom hit a record high of £276,759 at the start of this year, having increased by around £24,500 over the previous year.

A first-time buyer who foregoes a daily Starbucks espresso, a Netflix subscription, a gym membership, and two round-trip EasyJet trips to Europe would save almost £1,600 per year.

According to Halifax, the typical down payment for a first-time homebuyer is $59,000, requiring purchasers to sacrifice these savings for 37 years.

Average UK house prices hit a record high of £276,759 at the start of this year after increasing by around £24,500 over the past year, according to an index

Robert Knight stated, “Thanks to #KirstieAllsopp, I’m going to cancel my Disney+ subscription, and by the year 3482, I’ll have enough money to purchase a one-bedroom apartment near me.”

Grace tweeted a picture of herself with a Wendy’s restaurant and thanked Allsopp for her aid.

She wrote, “I’m not sure why everyone is complaining. I followed Kirstie Allsopp’s advise and was able to purchase my first property.

Grace published a picture of herself with a Wendy house and expressed gratitude to Allsopp for her advice.

As a response to the controversy, Kirstie tweeted, “Anyone who believes I’ve spent the last 22 years pretending to understand the requirements of British homebuyers must think I’m an exceptionally talented actress.”

If you despise the programmes, you should refrain from seeing them. I do not care what the press or social media say about me because life is too short.

Please tell @Channel4 if you detest me, but the quickest way to get rid of me is to stop viewing my programmes.

Housing is now the most important concern in the United Kingdom. It influences education, health, relationships, pensions, fertility, the environment, and productivity, among other things.

According to an index, the average price of a house in the United Kingdom hit a record high of £276,759 at the beginning of this year, having increased by around £24,500 over the previous year.

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