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Home financing usage in the United Kingdom (UK) in 2014, by age

The statistic shows the usage of financing methods for house purchase in the United Kingdom (UK) as of March 2014, listed by age groups. Approximately 72 percent of young homeowners (25 to 34 years old) used affordable financing options. Furthermore, 10 percent of homeowners over 55 years old did not use any form of financing for their houses.

Penetration of home financing usage in the United Kingdom (UK) as of 2014, by age group

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Sources

Release date

July 2014

Region

United Kingdom

Survey time period

March 2014

Number of respondents

1,606 respondents

Age group

18 years and older

Method of interview

Online survey

Supplementary notes

* Presented list of affordable financing options included interest-only mortgage, low mortgage rates, mortgage term over 25 years, loans from family / friends, low deposit to mortgage value and government and shared ownership schemes.
Percentage points exceeding 100 percent are probably due to rounding.

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Statistics on "Mortgages in the United Kingdom (UK)"

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