Buying a house or flat makes a lot of sense. The government encourages home ownership by giving tax relief on mortgage interest The main advantage is that you will end up with a valuable asset, quite apart from having the pleasure and security of owning the roof over your head.
� Start by saving with a bank or building society as soon as. you can afford to. Then, when you have enough for a deposit and the other expenses, you can look for a home, knowing you have the basic wherewithal.
� Before buying think very carefully about what type of mortgage will suit you best. Consider the different types and the different amounts they cost. Try to get impartial advice from someone who doesn't just want to sell you his or her product.
� If you rent from a local council, enquire about facilities for tenants to purchase. This can sometimes be done on attractive terms.