Set edit permissions only to creator and Owner of list item SharePoint 2013

Hi All,

Most of the time we receive a requirement to stop edit other than creator and Owners. most of them suggest custom solution – Event receiver/Event Handler.

There is a out of box solution for SharePoint and Office 365

Go into the List Settings,  Advanced Settings, and you should be able to set Read and Edit access to items that the user has created.

Edit

Should required Admin rights (Owners only able to set this permission)