Previous property I lived in I was forever being sent letters saying that I may have to move out as the property may have to be sold to make way for a new road development, which gave me sleepless nights worrying about accommodation and price of rent isn't cheap. Decided to save up for a deposit for a mortgage on my own. Several years later I am now mortgage free and don't worry about rent or being kicked out of my property as I own it. My neighbours pay a fortune for rent, at least I don't have to worry where I'm going to live or how long I'm going to be in my home as I'm in control and not some landlord. Who wants to have £300k in the bank and still pay rent for the rest of their life, that's just madness. One of my friends sold their property in the bad times and decided to rent , then house values increased again and they have no chance of getting a mortgage again now their funds disappeared which leaves them forever in the rental market.