Study Reveals Significant Fall In Number Of First Time Buyers In The UK

The number of first time buyers in the UK has fallen by 24% since 1994 and the number of lone first time buyers have seen a more significant 45% decrease, new research has found. Also, those aged 16 to 34 are down by 49% since 1981 while 41% of people aged 35 to 44 are not earning enough to save for a deposit and 21% of over 55s are renting rather than owning a home. The study from price comparison website MoneySuperMarket reveals the changing face of home ownership and suggests that a large portion of British people are putting their dreams of buying a home on hold. Read more on Property Wire.

https://www.propertywire.com/news/uk/study-reveals-significant-fall-number-first-time-buyers-uk/