There is trend towards not buying at all but only going for leasing a home is better than buying in a few circumstances. Lots of thought goes into this and we can listen to all sorts of articles on radio and tv about the pros and cons of both sides of that divide. I cannot see any benefit of renting that could outway the eventual long term benefit of buying. One alternative thought could be if the bought place suffered an a serious drop in value due in a recession.
There are a few things to be cautous of when you begin moving away from the family home – maybe after university halls of residence and communual living has given that first taste of independent living. But in these difficult times, many of those young folk have found themselves trying to do just that but failing for a variety of reasons. Buying a home anywhere is a complex challenge for starters. So getting a flat – anywhere near a job is the first thought. Bristol for example is a hive of activity. One of the most popular cities in the UK and notoriously difficult to find safe affordable living accommodation. Using a reliable rental agency is a brilliant idea, they have all the best on their lists. Ensuring the property is safe and legal to rent is best aranged throug their property maintenance contractors. Then knowing their landlords are fully covered by legal landlord insurance is major bonus not to be sniffed at.