Why buying is better than renting

family having Christmas dinner

Are you dreaming of owning a place to call home?

If so, you’re not alone. According to research by The Media People, one in five British renters feels like not owning their own place is holding them back from what they want to do in life.

That’s because having your own place gives you the freedom to live life the way you choose, without the restrictions that often come with renting. Everyday things that many homeowners take for granted but might not be feasible when you’re renting – from being able to invite friends and family over when you want to adopting a four-legged friend – all suddenly become a possibility when you decide to step onto the property ladder.


The perfect space to live your dreams

If the last few years have taught us anything, it’s that life is simply too short not to spend it doing the things you love. And where better to do them than in a brand-new, thoughtfully-designed home, which – thanks to a range of buying options available with Places for People – could be yours much sooner than you think

In this article, we’ve featured just some of the reasons why it’s better to buy rather than rent so you can confidently start planning your dream move.

In this section:


A place to belong

Most people yearn for a sense of belonging, without really knowing why. But the feeling that you’re at one with your surroundings, that you’re ‘at home’ effectively is more important for our happiness and wellbeing than we realise.

Buying your own home plays a big part in that. It’s also your chance to select a Community where you know you’re going to fit right in – a place to build and nurture connections that last a lifetime. When you rent, the property might suit your needs but the neighbourhood might not – and vice versa. And even if you’re happy with both, given the property isn’t yours, any belonging you do feel isn’t guaranteed to last.

At Places for People, we understand that innate need to live somewhere you truly belong. That’s why we build homes in happy, healthy and inclusive Communities, because who wouldn’t want to be part of a warm, welcoming neighbourhood, enjoying a place all of their own?

A place to be grown up

For many (especially younger) renters, stepping onto the property ladder equates to stepping into adulthood – because when you buy your own place you get to make the rules!

Obviously some landlords are more flexible than others, but generally there are more don’ts than do’s when it comes to renting. Even something as ordinary as putting up a shelf might be a no-no, so if you’re someone who wants to be free to make your home your castle, planning to become a homeowner is definitely the way to go.

Having your own place also lets you do ‘grown up’ things like playing host to friends and family – something that might not be possible if you’re renting a smaller home or sharing with others. In which case, you’ll be pleased to discover our modern, spacious homes have more than enough room inside and out to enjoy having people over – with plenty of storage a thoughtful added bonus!

A place to put down roots

Renting can be a good option in the short-term, but if you’re dreaming about the future then now is the time to invest in a home that meets all your needs – whether that’s having more bedrooms to accommodate a growing family or a garden for your fur-baby!

One of the reasons why Places for People’s homes are so popular is that they offer everything you need to put down roots. Thoughtfully designed in great locations, our Communities have the advantage of being close to good transport links, with easy access to green spaces and handy amenities such as shops, restaurants, health facilities and schools.

For you, putting down roots might simply mean settling within a local neighbourhood and having the chance to make a difference for those who live there along with future generations yet to arrive. And if you choose to buy new, you and your new neighbours can help to establish a whole new Community from the ground up.

A place to grow

We all need space to live out our dreams, but this isn’t always possible or practical when you’re renting. Maybe you’re yearning for extra room to be able to set up a business or the cultivator in you is calling for you to grow your own, but you lack the outdoor space needed to start sowing. It’s just another of the many reasons why you should buy new. Because investing in a home that ticks all not just some of your boxes frees you up to steer your life in whichever direction you choose.

The great thing about a Places for People home is that it’s been designed with modern, flexible living in mind, so you’re free to adapt it to suit your lifestyle – from creating a corner workspace to setting up a home gym in your spare room! Auditioning for Masterchef? Our statement kitchens with integrated appliances are perfect for cooking up a storm. Want to do your bit for nature? Then how about a wild space for your garden or balcony?

When you buy new, the opportunities for growth are endless…

Start living your dreams 

If you’re ready to say goodbye to renting and make 2024 the year your home buying dreams come true then take a closer look at our developments.

With over 50 years’ experience designing and creating high-quality homes and Communities, you can count on us to safely deliver your dream home. And our friendly experienced team will provide you with all the support you need along the way.

Find your new home

Information provided in this blog has been based on the top 10 reasons renters want to own their own home according to research carried out in 2023 by The Media People.