It was back in 1870 that regulations were passed allowing women to technically own property. The Married Women’s Property Act allowed married women to be the legal owners of the money they earned and to own property. Prior to this any money made by a woman became the property of her husband! Even when a woman married, she still did not have rights to do anything with her property such as rent out a house or sell her piece of land.
Times have certainly moved on since then with women having a strong desire to own their own home.In 2012, the World Bank published a report on women, business and the law which said, "UN Women (the United Nations office focused on women's issues) informs us that "women perform 66% of the world's work, produce 50% of the food, but earn 10% of the income and own 1% of the property.
Today we are seeing record numbers of females taking out mortgages. Young women in their 30s tend to be the best mortgage candidates apparently and females are more financially responsible than males when it comes to home ownership. Research also shows that more and more single women are becoming home buyers – twice as many unmarried women are buying homes than single men.
We all know who makes the real decisions when it comes to the home, so why should owning property be any different!