BUYING a home can seem like a long-off goal in this economy at times – but AliExpress claims to have the solution.
The online retailer is selling a tiny home for just £5,392 and it comes with two bedrooms and living space.
If you are looking for separate living quarters for guests or relatives, it could be an inexpensive way of having an extra home.
It could also be a way of getting some extra cash if you rent it out.
The home is 20ft and has 2.4metre ceilings, making it a snug and cosy living space.
Thankfully comes with free shipping from China, with an estimated delivery time of a couple of months.
According to the AliExpress description, the product is shipped “door to door” and comes via sea.
You can also customise the look of the home, with different colours and designs available.
This means you can choose from a number of exteriors, from white to black or brown.
If you aren’t happy with your home when it comes, it is eligible for returns and refunds, within the designated order protection period.
If you are looking for a slightly larger home, there are other sizes available too.
This includes a 30ft home for £7,889 and a 40ft home for £8,940.
[bc_video account_id=”5067014667001″ application_id=”” aspect_ratio=”16:9″ autoplay=”” caption=”Inside Britain’s most luxury tiny homes that are covered in marble, offer a ‘mansion’ feel for £169k & are completely portable” embed=”in-page” experience_id=”” height=”100%” language_detection=”” max_height=”360px” max_width=”640px” min_width=”0px” mute=”” padding_top=”56%” picture_in_picture=”” player_id=”default” playlist_id=”” playsinline=”” sizing=”responsive” video_id=”6369978646112″ video_ids=”” width=”640px”]As the cost of living crisis continues to bite, more and more adults are struggling to get on the property ladder and are choosing to live in their family home for longer.
The 2021 census revealed that over half of people aged 23 and under still live with their parents.
The average price of a house in the UK was £285,000 as of March 2023, and this rises to a whopping £735,254, which is completely unaffordable for many.
Moreover, research from the Resolution Foundation found that the average first time buyer deposit tripled from 5 per cent of the property price in 1989 to 15 per cent in 2019.
This means that buyers have to save for far longer and use up a larger percentage of their earnings to get on the property ladder.
Recent research by property site Zoopla found that 42 per cent of adults under 40 who do not already own homes have given up, due to the astronomical cost of buying a property.
This included 38 per cent of people earning over £60,000 (almost double the average salary for the UK).
While this tiny home may not be as long-lasting as a bricks and mortar home, it could prove to be the perfect solution for those struggling to get on the property ladder.
Tiny homes have boomed in popularity over the past decade, mainly down to affordability and sustainability reasons, and the desire for minimalist living.
Millennials and Generation X are the primary adopters of tiny homes, with the majority of tiny home dwellers being between 30 and 50 years old.
While tiny homes offer an alternative living solution, they must comply with local planning and building regulations.
Always check with your local council to ensure compliance with all regulations.