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
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Further Content: You might find this interesting as well
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 April 19, 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 April 19, 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: April 19, 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 April 19, 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/