First-time buyers: biggest barriers to buying first property in the UK 2019

Published by Statista Research Department, Feb 18, 2020
For younger (18-40) potential first-time buyers in the United Kingdom (UK) there are a number of barriers that are stopping them from owning their very own home. For 30 percent of respondents surveyed raising a deposit was the main barrier. Other reasons stopping potential first-time buyers were the fact that they could not get a mortgage on their current income and that their credit ratings were not good enough.

Largest barriers to buying a first property in the United Kingdom (UK) in 2019

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Source

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Release date

July 2019

Region

United Kingdom

Survey time period

May 2019

Number of respondents

5,002 respondents

Age group

18-40 years

Special properties

Potential first-time buyers

Supplementary notes

Figures are rounded.

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