YOUR empty nest may be feeling rather full again, with a million more young adults living with their parents than two decades ago. That is according to recent figures from think tank Civitas. From “boomerang” kids who come back to save for their own pad to thirtysomethings who never left home in the first place, multi-generational families are fast becoming the norm. Michael Holmes, property expert for the National Homebuilding & Renovating Show, said: “Plan for the long term, as the reasons kids come back home – high house prices and land shortage – won’t be changing overnight.” He has the following tips to help you cope. Give yourself space. If it’s a stopgap arrangement major changes won’t be worthwhile. But if the plan is for the foreseeable future, think about creating a separate living unit with its own door. Expand your home. Add living space through an annexe such as a loft, garage or basement. Decide whether you … [Read more...] about How to adapt your home for ‘boomerang’ kids or adults who never flew the nest
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FT Seasonal Appeal 2018 Tuesday, 20 November, 2018 In a ground-floor apartment of a large block on the outskirts of Skopje, three-year-old Derin Bajram is pushing his red plastic fire engine across the floor. His parents Svetlana and Ertan smile as they watch him. Only two years ago, they explain, their apartment was not a place a child could play in — it was freezing cold. “Before Derin, we could come back late, or stay out when the apartment was cold,” said Ms Bajram, who works at a publishing house. But now, she and her husband, a dental assistant, are at home much more frequently. The Bajrams’ apartment building was “retrofitted” in 2016 with the help of the international housing charity Habitat for Humanity, the FT’s Seasonal Appeal partner. Habitat Macedonia helped the complex’s residents in enveloping their building with styrofoam, covering it with a façade and installing a new roof. The changes, Ms Bajram said, had not … [Read more...] about Too cold to live in: how families in Macedonia are rebuilding their homes
What would Grand Designs be without a wide-eyed optimist hell-bent on finishing their overly-ambitious self-build project on time and budget, only to fall spectacularly short? Well, it wouldn't be Grand Designs. Luckily, the first episode of the new series of the hit Channel 4 show doesn't disappoint. It takes us to Aylesbury Vale in Buckinghamshire, where a passionate Spanish architect brimming with self-belief has set about turning a Grade II-listed folly – abandoned for 200 years – into a family home. Read more First look: this year's Grand Designs are the most ambitious yet But can he make it fit for his long-suffering wife, their two-year-old son George and their soon-to-be-newborn child? RESCUED FROM RUIN Jimmy and Mimi Fernandez's miniature castle may look like an old Tudor tower, but it wasn't built for defence. Purely decorative, it was erected 250 years ago to house a gentleman’s fossil collection, and is something of a relic itself, with crumbling … [Read more...] about can Grand Designs couple overcome skeletons and the British weather to turn their 200-year-old folly into a home?
Just like that, Deadline Day is done until January - but the likes Manchester United, Liverpool and Arsenal could still do deals. The big European clubs are still in the market for players, with Liverpool's Simon Mignolet and Arsenal's David Ospina ready to move on. And clubs in the Championship can still loan players. United failed in their pursuit for a new centre back despite being linked to the likes of Toby Alderweireld and Harry Maguire. It was instead the smaller clubs that stole the thunder, with Fulham's fab five arrivals being the highlight of the day. Elsewhere, Everton signed Yerry Mina and Andre Gomes from Barcelona - on top of Bernard from Shakhtar Donetsk. Chelsea have confirmed the loan signing of Mateo Kovacic from Real Madrid, with the deal to take Thibaut Courtois the other way also being confirmed. But there could still be more, as Kurt Zouma's proposed loan from Chelsea to Everton has not yet been confirmed. Follow all the latest updates here. Key Events … [Read more...] about Transfer Deadline Day reaction and late deals
And with the average first-time buyer now having to fork out a whopping £51,000 for a deposit, it’s no wonder savers are moving back in with Mum and Dad to cut back on living costs. We’ve heard from couples who've given up a lot to get the funds together like Nathan Doe and Tyla Stanworth who lived on a diet of beans and noodles for over a year to cut back on spending. Or Hollie and Jamie Franklin who managed the save the £6k deposit in six months but it meant hardly seeing each other even though they lived together. And with new sour stats revealing that in every region in the UK, monthly mortgage repayments are cheaper than renting, it must be a relief to finally get the keys to your house. But if you took out a Help To Buy loan from the government then you won't be able to relax for long. Once the initial five year interest-free period is up, you’ll start being charged interest and you’ll have to pay it back on top of your mortgage. And it can't be … [Read more...] about Young couple’s race against time to pay off £40k Help to Buy loan for three-bed town house