14 News
More now own homes outright
MOREproperties were owned outright than with a mortgage among households in England for the first time in 2013-14, fig- ures show. Of the 22.6 million households
in England, 7.4 million owned their property outright, and 6.9 million had a mortgage, the English Housing Survey showed. The rest rented their homes. This marked a shift from an equal level among owners a year earlier. The data also shows that the younger generation are struggling to own. In 2013-14, some 48 per cent of households made up of 25 to 34-year-olds rented their home from a private landlord. This had risen from 45 per cent
a year earlier, and from 21% in 2003-04. Over the same 10 years, owner occupation in this age group dropped from 59 per cent to 36 per cent. Campbell Robb, chief execu-
tive of Shelter, said: “The short- age of affordable homes is leav- ing young adults with no choice but to remain stuck in their childhood bedrooms, or face dec- ades paying out dead money to landlords.”
Your cracking chance to win new city house
ALEADINGWelsh house- builder is offering homebuy- ers the chance to win a new house worth more than £160,000 at an exciting event in Newport this weekend. Persimmon Homes will host
the event at the Greenfield Court development, Maesglas, in Newport during the weekend of Saturday March 7 and Sunday March 8. As well as a chance to look around the development and enjoy refreshments, guests will have one chance to guess a six digit code to a special safe – if they crack the code they win a house! The house up for grabs is a stunning three bedroom, three storey property on the market for £164,995 and is located on the Greenfield Court development situated close to areas of outstanding beauty and with all the bene- fits of being part of a thriving city.
Crack the safe and win a house in Newport The house has been built to
the highest standards and specifications set by Persimmon Homes and fea- tures a beautiful fitted kitch- en combined with a dining area and lounge, a beautiful en suite in the master bed- room, a cloakroom and park- ing space. The development itself has
a mixture of two, three and four bedroom homes and is in an enviable location conveni- ently near to Newport city centre. Victoria Williams, head of sales at Persimmon Homes EastWales, said: “Don’t miss this fantastic opportunity to win a stunning brand new home – just come along to our Greenfield Court develop- ment on Bideford Road and have a go at cracking the code on the safe. “If you guess correctly
you’ll leave the proud owner of a spectacular brand new property. “Good luck.”
southwalesargus.co.uk
Thursday, March 5, 2015
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