5 Jan

Not buying houses for sale is one of biggest regrets of 2010, report shows

Not buying houses for sale is one of biggest regrets of 2010, report shows

One of the biggest regrets of 2010 for adults in Britain is not buying properties for sale.

A survey released by first direct earlier this week has revealed that many people in the country consider their financial decisions among some of the biggest mistakes of last year.

One of the most popular regrets for the 1,000 people questioned was the choice to stay in rented buy to let property for too long, with 14 per cent citing this as their blunder of the previous 12 months.

Senior savings product manager at first direct Richard Brown said that planning ahead with money is "extremely important", suggesting that the most common regrets were those which resulted from a lack of finance.

This is shown by the results which report that 53 per cent of people feel regretful about not paying debts off more quickly, while 37 per cent wish they had started saving for their retirement earlier.

Nick Bamford, chief executive of Informed Choice, suggested that the decision of many people to not pay off their deficit fast enough means that they could find it difficult to save money for a deposit.  ADNFCR-1222-ID-800324789-ADNFCR

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