In the news – Home Finance
A quarter (25%) of homeowners in the UK with outside space have turned all or part of their garden into a driveway and a further 17% plan to make this change1. As well as parking space proving to be popular, one in ten homeowners with outside space have replaced at least some of their garden’s natural lawn with artificial grass; a further 29% are considering making the swap. In contrast, 12% have replaced part or all of their garden with a wildflower meadow and 7% have turned their driveways into a planted garden.
As a mortgage is secured against your home or property, it could be repossessed if you do not keep up mortgage repayments.