Concerns with affordable home financing options in the UK 2014

The statistic shows the extent of financial worries resulting from use of affordable financing for house purchase in the United Kingdom (UK) as of March 2014, divided by age group. Approximately 49 percent of young homeowners (25 to 34 years of age) used affordable finance options and worried about their housing debt as a result of this.

Financial worries related to affordable financing options for house purchase in the United Kingdom (UK) as of 2014, by age*

Characteristic	Have a financial worry	Not worried	Don't know / not applicable	Prefer not to say
25-34 years	49%	42%	6%	3%
35-44 years	39%	50%	8%	3%
45-54 years	37%	45%	12%	6%
55+ years	14%	42%	28%	16%

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Release date

July 2014

More information

Region

United Kingdom

Survey time period

March 2014

Number of respondents

1,008 respondents

Age group

18 years and older

Special properties

UK adults who have used affordable financing

Method of interview

Online survey

Supplementary notes

* Presented list of affordable financing options included interest-only mortgage, low mortgage rates, mortgageterm over 25 years, loans from family / friends, low deposit to mortgage value and government and shared ownershship schemes.

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