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Wednesday, May 19, 2010

BT : Owning home ranks above marriage in UK

Business Times - 18 May 2010

Owning home ranks above marriage in UK

(LONDON) Britons looking to buy a new home believe that owning their own property is a higher priority in life than getting married or starting a family, according to a ComRes Ltd poll.

Asked to rate the importance of home ownership, 71 per cent of those polled scored it as at least eight on a scale of 10, compared with 46 per cent for marriage and 44 per cent for having children, according to the poll, which was carried out for the UK's biggest homebuilder, Barratt Developments plc.

'These results demonstrate that the economic problems of the last three years have not diminished the huge appetite for home ownership in Britain,' Barratt chief executive officer Mark Clare said in a statement.

The polling agency surveyed 2,905 prospective homebuyers from March 19 to March 25 who registered with Barratt Homes's website in the last nine months.

Taking holidays abroad and having an active social life were at the bottom of the scale of priorities, polling 24 per cent and 27 per cent, respectively.

ComRes also conducted polls for the UK's May 6 general election and counts the Independent on Sunday newspaper, Lloyd's Banking Group plc and the British Red Cross among its clients, according to the company's website\. \-- Bloomberg

Copyright © 2010 Singapore Press Holdings Ltd. All rights reserved.



Top priority: In the poll, 71% scored home ownership as at least eight on a scale of 10, compared with 46% for marriage and 44% for having children

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