Distribution of homeowners in England (UK) in 2016/2017, by type of home financing and age

Distribution of homeowners in England (UK) 2016, by home financing and age This statistic illustrates the distribution of all owner occupier households in England between 2016/2017, by age group and type of home financing. It can be seen that the older the age group, the larger the share of owner occupier homeowners who purchased their home outright. A share of 0.2 percent of own outright homeowners were between the ages of 16 and 24, whereas a share of 60.6 percent of own outright homeowners were aged 65 and over, a difference of 60.4 percent. Although this is the case, the largest share of homeowners who purchased their house with a mortgage was in the age range of 45 to 54 years old, with a share of 32.3 percent at that time.
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Age groupBuying with mortgageOwn outright
16-240.8%0.2%
25-34 17.7%1.1%
35-44 27.9%3.3%
45-54 32.3%11.9%
55-64 16.6%22.9%
65 or over4.7%60.6%
Age groupBuying with mortgageOwn outright
16-240.8%0.2%
25-34 17.7%1.1%
35-44 27.9%3.3%
45-54 32.3%11.9%
55-64 16.6%22.9%
65 or over4.7%60.6%
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This statistic illustrates the distribution of all owner occupier households in England between 2016/2017, by age group and type of home financing. It can be seen that the older the age group, the larger the share of owner occupier homeowners who purchased their home outright. A share of 0.2 percent of own outright homeowners were between the ages of 16 and 24, whereas a share of 60.6 percent of own outright homeowners were aged 65 and over, a difference of 60.4 percent. Although this is the case, the largest share of homeowners who purchased their house with a mortgage was in the age range of 45 to 54 years old, with a share of 32.3 percent at that time.
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Release date
January 2018
Region
United Kingdom (England)
Survey time period
2016 to 2017
Number of respondents
12,970 respondents
Special properties
individuals owning their home outright or with mortgage
Supplementary notes
.

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