Experience of first time buyers with mortgage lenders in the UK 2022

Published by Statista Research Department, Feb 20, 2024
Almost half of first-time buyers in the United Kingdom (UK) reported that they had made two or more offers on their home before being accepted, a 2022 survey found. About 39 percent, on the other hand, got a mortgage with their main bank on the first application.

Share of first time buyers by experience with mortgage application process in the United Kingdom (UK) 2022

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Release date

September 2022

Region

United Kingdom

Survey time period

May 21 to June 15, 2022

Number of respondents

500 respondents

Special properties

first-time buyers who bought a home since March 2020

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Statistics on " First time home buyers in the United Kingdom (UK) "

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Other statistics that may interest you First time home buyers in the United Kingdom (UK)

Overview

7

Average costs for first time buyers

8

Home buying process

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Help to buy scheme

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Further related statistics

16

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Topics

First-time home buying UKU.S. housing marketMortgage industry in the U.S.Assets and wealth of households in EuropeMortgages in Europe
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