Alliance & Leicester Mortgages: Brits want to be close to family by Finance News Bulletin

Published: 02/01/08

wwwmoneynewscouk > Mortgages > coalition & Leicester Mortgages: Brits want to be close to familyMore than one in four people moving home (28 per cent) cite being shut to friends and relations as a major consideration when purchasing a property

The Alliance & Leicester Mortgages movingimproving index highlights the significance of proximity to buyers adjacent and dearest in the homebuying process, particularly among parents with childrenMore than a third (36 per cent) of buyers with children decide a home because it is close to relations or friends, as more working parents rely on family members for support and childcareStephen Leonard, coalition & Leicester director of mortgages, commented: "Although there are many factors to consider when touching home, such as easy access to transport, work and high-quality schools, being close to family and friends is a input factor for many when looking to buy a home for many buyers"One in five respondents to the Alliance & Leicester poll stated that they plan to spend Christmas 2007 in their childhood house and one in ten movers would like to own or already own their early days home, indicating that nostalgia can play a key role in possessions purchases

Alliance & Leicester offers consumers a range of mortgage deals, from its Premier Fixed speed home loan at 587 per cent, to tracker mortgages and a five-year

Visit original article: