Amazon is selling a ‘perfect first home’ tiny house you can buy with NO mortgage for £20k
YOU can now buy an entire tiny home on Amazon for just £20,000.
With house prices through the roof and the cost of living skyrocketing, many of us can only dream of getting on the property ladder.
However, for those keen to stop throwing their money away on rent, Amazon has a handy solution.
The Fast build High Durability Portable and expandable Container House comes in two sizes, either 20ft or 40ft.
It can be completely customised to your needs, with a bathroom, a living room and up to three bedrooms.
You can choose between three stylish colours, white, green or grey, and the house is made from durable materials such as alloy steel and aluminium, so will be able to withstand harsh weather conditions.
Furniture is not included in the price of the tiny home, but this allows you to have to creativity to decorate it however you please.
As the house is only £20,000, you can purchase it without having to get a mortgage, meaning that it will leave you debt free.
However, you will have to find land to put the tiny home on, so it’s a good idea to ask any friends or family members if you can put the tiny home at the end of their garden.
According to the Amazon website, the house is extremely easy to set up, and can be delivered straight to your door in just a few weeks.
Plus, it has a five-star rating on Amazon, with one shopper describing it as perfect for first time buyers.
“What are people paying 200+k for a house for?” they said.
“This is a perfect first home.”
Living in a tiny home is a great way to save cash for a house, whilst still having your independence.
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).