New test helps couples assess readiness for property ownership

A new 'compatibility test' has been developed to help couples considering buying a property together to see if they are truly "financially and emotionally ready". According to the research, owning a home is now seen as a more significant commitment than marriage. The study explores financial compatibility, long-term planning perspectives, and lifestyle choices. The survey, conducted by Skipton Building Society, reveals that 64% of unmarried couples prioritise climbing the property ladder over getting married. Additionally, 63% believe that couples should start the process of buying a home when both partners have a steady income. The research estimates that unmarried couples would need to save £27,000 for a property deposit. 

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