This statistic illustrates the share of prospective homeowners that expect to receive financial assistance from family members or friends towards the purchase of a house in the United Kingdom (UK) as of 2019, broken down by age. It can be seen that 45 percent of potential homeowners under the age of 35 expected financial help from family and friends when purchasing a home, in comparison, 14 percent of prospective homeowners over the age of 55, who expected similar financial help with purchasing a property.
Share of prospective homeowners that expect to receive financial assistance from family or friends towards a home purchase in the United Kingdom (UK) as of 2019, by age
Characteristic
Share of repondents
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Legal & General . (August 16, 2019). Share of prospective homeowners that expect to receive financial assistance from family or friends towards a home purchase in the United Kingdom (UK) as of 2019, by age [Graph]. In Statista. Retrieved September 17, 2024, from https://www.statista.com/statistics/705552/family-friends-financial-help-with-house-purchase-by-age-potential-homeowners-united-kingdom-uk/
Legal & General . "Share of prospective homeowners that expect to receive financial assistance from family or friends towards a home purchase in the United Kingdom (UK) as of 2019, by age." Chart. August 16, 2019. Statista. Accessed September 17, 2024. https://www.statista.com/statistics/705552/family-friends-financial-help-with-house-purchase-by-age-potential-homeowners-united-kingdom-uk/
Legal & General . (2019). Share of prospective homeowners that expect to receive financial assistance from family or friends towards a home purchase in the United Kingdom (UK) as of 2019, by age. Statista. Statista Inc.. Accessed: September 17, 2024. https://www.statista.com/statistics/705552/family-friends-financial-help-with-house-purchase-by-age-potential-homeowners-united-kingdom-uk/
Legal & General . "Share of Prospective Homeowners That Expect to Receive Financial Assistance from Family or Friends towards a Home Purchase in The United Kingdom (Uk) as of 2019, by Age." Statista, Statista Inc., 16 Aug 2019, https://www.statista.com/statistics/705552/family-friends-financial-help-with-house-purchase-by-age-potential-homeowners-united-kingdom-uk/
Legal & General , Share of prospective homeowners that expect to receive financial assistance from family or friends towards a home purchase in the United Kingdom (UK) as of 2019, by age Statista, https://www.statista.com/statistics/705552/family-friends-financial-help-with-house-purchase-by-age-potential-homeowners-united-kingdom-uk/ (last visited September 17, 2024)
Share of prospective homeowners that expect to receive financial assistance from family or friends towards a home purchase in the United Kingdom (UK) as of 2019, by age [Graph], Legal & General , August 16, 2019. [Online]. Available: https://www.statista.com/statistics/705552/family-friends-financial-help-with-house-purchase-by-age-potential-homeowners-united-kingdom-uk/
