Wouldn’t it be nice if your money went towards paying off your own mortgage, not your landlord’s? With the record low interest rates in today’s lending environment, this could be more attainable than you think! The payments you make every month give you something tangible in return, compared to the ‘empty’ money you would be spending on rent. Another benefit to home ownership is that it can improve your credit score and provide added security, so long as you keep up on your mortgage repayments. More than that, it’s exciting to know that you’re on the way to owning the asset that you’ve invested in. Once you own 100% of the house, you can live free of regular monthly payments with no more rent or mortgage instalments to pay. Which in turn frees up significant capital for you to invest in other ways.