For younger (18-40) potential first-time buyers in the United Kingdom (UK) there are a number of barriers that are stopping them from owning their very own home. For 30 percent of respondents surveyed raising a deposit was the main barrier. Other reasons stopping potential first-time buyers were the fact that they could not get a mortgage on their current income and that their credit ratings were not good enough.
Largest barriers to buying a first property in the United Kingdom (UK) in 2019
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Statistics on Housing market in the United Kingdom
Overveiw
5
- Premium Statistic Number of housing transactions in the UK 2016-2022, by country
- Basic Statistic Annual change in house prices in the UK 2007-2022
- Premium Statistic Five year forecast: house price growth in the UK 2023-2027, by region
- Basic Statistic Monthly Halifax house price index 2018-2022
- Premium Statistic Property tenure distribution in the UK 1980-2022
House prices
7
- Premium Statistic Average house price in the UK 2008-2022, by country
- Premium Statistic Average house price in the UK 2021-2022, by city
- Premium Statistic Highest valued towns in England 2022, by average house price
- Basic Statistic Development of average house price in the UK 2000-2021, by dwelling type
- Basic Statistic Dwellings: simple average house price in the UK 2000-2021, by buyer type
- Basic Statistic Average monthly home buying costs in the United Kingdom (UK) 2008-2021
- Basic Statistic UK Housing market: Nationwide new house prices Q1 2013-Q4 2022
Housing finance and remortgaging
7
- Premium Statistic England: homes with mortgage in 2022, by household type
- Basic Statistic First time home buyer average monthly costs vs rental payments in the UK 2009-2021
- Basic Statistic England: homeowner distribution 2022, by home financing and age
- Premium Statistic Number of mortgage approvals in the UK 2012-2022
- Basic Statistic Monthly development of the value of house purchase loan approvals in the UK 2010-2022
- Premium Statistic House purchase loans distribution (gross advances) in the UK 2015-2022, by purpose
- Premium Statistic Distribution of new dwellings with mortgage in the UK 2021, by type
Rental market
5
- Basic Statistic Average monthly home rental payments in the UK 2008-2021
- Premium Statistic Average cost of rent in the UK June 2021-2022, by region
- Premium Statistic Average cost of rent in the UK 2022, by city
- Basic Statistic Monthly Index of Private Housing Rental Prices (IPHRP) in the UK 2016-2022
- Premium Statistic Residential property rental prices growth in the UK 2022-2026
Housing stock and construction
6
- Premium Statistic Number of housing units in England 2001-2021
- Basic Statistic Age of housing units in England in 2021, by tenure
- Premium Statistic Quarterly housing completions in England Q3 2014-Q2 2022
- Premium Statistic Number of build to rent homes in London and the UK Q2 2022, by stage
- Premium Statistic Quarterly housing starts by private companies in England 1978-2022
- Basic Statistic Construction output index: new private housing in Great Britain 2000-2021
Further related statistics
15
- First-time buyers: Average deposit to average property price in the UK 2019
- First-time buyers: average target deposit to property price ratio in the UK 2019
- First-time buyers: key reasons for wanting to own a home in the UK 2019
- Share of first time home buyers in England 2015/2016, by gender
- Share of homeowners living in first home in the U.S. 2019, by generation
- Share of adults that own their home outright in the United Kingdom (UK) 2020, by age
- Median tenure of sellers in home in the U.S. 1985-2016
- Monthly mortgage payment in the U.S. 2022, by state
- Future housing plans of older Millennial renters in the U.S. 2016-2019
- Leading reasons why Millennials buy their first home U.S. 2017
- Length of time homeowners planned to live in current home in the U.S. 2016, by age
- Share of adult's living situations in the United Kingdom (UK) 2017, by region
- Median home value in selected U.S. markets 2018
- Future housing plans of Gen X renters in the U.S. 2016-2019
- England: distribution of household tenures 2021, by income
Further Content: You might find this interesting as well
Statistics
- First-time buyers: Average deposit to average property price in the UK 2019
- First-time buyers: average target deposit to property price ratio in the UK 2019
- First-time buyers: key reasons for wanting to own a home in the UK 2019
- Share of first time home buyers in England 2015/2016, by gender
- Share of homeowners living in first home in the U.S. 2019, by generation
- Share of adults that own their home outright in the United Kingdom (UK) 2020, by age
- Median tenure of sellers in home in the U.S. 1985-2016
- Monthly mortgage payment in the U.S. 2022, by state
- Future housing plans of older Millennial renters in the U.S. 2016-2019
- Leading reasons why Millennials buy their first home U.S. 2017
- Length of time homeowners planned to live in current home in the U.S. 2016, by age
- Share of adult's living situations in the United Kingdom (UK) 2017, by region
- Median home value in selected U.S. markets 2018
- Future housing plans of Gen X renters in the U.S. 2016-2019
- England: distribution of household tenures 2021, by income
Banco Santander. (July 31, 2019). Largest barriers to buying a first property in the United Kingdom (UK) in 2019 [Graph]. In Statista. Retrieved March 26, 2023, from https://www.statista.com/statistics/1033495/main-barriers-in-buying-a-first-home-uk/
Banco Santander. "Largest barriers to buying a first property in the United Kingdom (UK) in 2019." Chart. July 31, 2019. Statista. Accessed March 26, 2023. https://www.statista.com/statistics/1033495/main-barriers-in-buying-a-first-home-uk/
Banco Santander. (2019). Largest barriers to buying a first property in the United Kingdom (UK) in 2019. Statista. Statista Inc.. Accessed: March 26, 2023. https://www.statista.com/statistics/1033495/main-barriers-in-buying-a-first-home-uk/
Banco Santander. "Largest Barriers to Buying a First Property in The United Kingdom (Uk) in 2019." Statista, Statista Inc., 31 Jul 2019, https://www.statista.com/statistics/1033495/main-barriers-in-buying-a-first-home-uk/
Banco Santander, Largest barriers to buying a first property in the United Kingdom (UK) in 2019 Statista, https://www.statista.com/statistics/1033495/main-barriers-in-buying-a-first-home-uk/ (last visited March 26, 2023)
Largest barriers to buying a first property in the United Kingdom (UK) in 2019 [Graph], Banco Santander, July 31, 2019. [Online]. Available: https://www.statista.com/statistics/1033495/main-barriers-in-buying-a-first-home-uk/