Irish Wedding News
24/06/2014
A new study has revealed that families across Britain are converting their homes in order to make room for their elderly parents or grown-up children.
In fact, the research, by Churchill Insurance, has found that one in 10 homeowners have "either recently created, or plan to create, an extra bedroom on the ground floor" of their home.
Those who took part in the poll were asked why they were making an additional bedroom, and one of the most common reasons was said to be needing the extra space for their adult son or daughter who cannot afford to move out of the family home. Grown-up children who had moved out, but were now moving back in, was another reason given by respondents.
Official figures from the Office for National Statistics (ONS) reveal there are 3.3 million adult children, aged between 20 and 34, currently living with their parents. This is one in four of this age group. Of those still at home, 2.11 million are men and 1.23 million are women; 32% and 19% of that age group, respectively.
Furthermore, some 510,000 people aged between 35 and 64 are also said to still be living with their parents.
Another reason for the trend in creating new bedrooms in the family home is said to be down to the pressure placed on families who have elderly parents in need of care or who is too frail to use stairs in the home if all the bedrooms are located upstairs.
The report also said that wanting more space for a child who had outgrown their current bedroom, or who can no longer share with a brother or sister, were given as reasons for a new room, as was wanting the space for a guest room.
Commenting on the findings, Martin Scott, Head of the insurer Churchill, said: "The cost of converting a downstairs room is likely to be significantly less than moving home. While high property prices continue to be an issue, homeowners are making sensible changes to what they already own."
The report was based on interviews with 180 estate agents and more than 2,000 adults, and excluded those who had extended their properties to create another downstairs bedroom. Those who converted an existing space into a new bedroom, as well as those who were turning a garage into a bedroom, were included in the study.
(JP)
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Living Arrangements Being Shaped By Growing Families
A new study has revealed that families across Britain are converting their homes in order to make room for their elderly parents or grown-up children.
In fact, the research, by Churchill Insurance, has found that one in 10 homeowners have "either recently created, or plan to create, an extra bedroom on the ground floor" of their home.
Those who took part in the poll were asked why they were making an additional bedroom, and one of the most common reasons was said to be needing the extra space for their adult son or daughter who cannot afford to move out of the family home. Grown-up children who had moved out, but were now moving back in, was another reason given by respondents.
Official figures from the Office for National Statistics (ONS) reveal there are 3.3 million adult children, aged between 20 and 34, currently living with their parents. This is one in four of this age group. Of those still at home, 2.11 million are men and 1.23 million are women; 32% and 19% of that age group, respectively.
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Furthermore, some 510,000 people aged between 35 and 64 are also said to still be living with their parents.
Another reason for the trend in creating new bedrooms in the family home is said to be down to the pressure placed on families who have elderly parents in need of care or who is too frail to use stairs in the home if all the bedrooms are located upstairs.
The report also said that wanting more space for a child who had outgrown their current bedroom, or who can no longer share with a brother or sister, were given as reasons for a new room, as was wanting the space for a guest room.
Commenting on the findings, Martin Scott, Head of the insurer Churchill, said: "The cost of converting a downstairs room is likely to be significantly less than moving home. While high property prices continue to be an issue, homeowners are making sensible changes to what they already own."
The report was based on interviews with 180 estate agents and more than 2,000 adults, and excluded those who had extended their properties to create another downstairs bedroom. Those who converted an existing space into a new bedroom, as well as those who were turning a garage into a bedroom, were included in the study.
(JP)
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