Most first-time buyers in England put down a deposit of 10 to 19 percent of the house price in 2023. Mortgages with a 20 to 29 percent deposit became more popular, increasing from 15 percent to 24.5 percent of all mortgages in 2023. The share of cash purchases also rose, from 5.1 percent to 9.5 percent.
Distribution of first-time buyers in England from 2022 to 2023, by mortgage deposit as a share of house price
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Department for Communities and Local Government (UK). (December 14, 2023). Distribution of first-time buyers in England from 2022 to 2023, by mortgage deposit as a share of house price [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1455579/mortgage-deposit-share-first-time-buyer-house-price-england/
Department for Communities and Local Government (UK). "Distribution of first-time buyers in England from 2022 to 2023, by mortgage deposit as a share of house price." Chart. December 14, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1455579/mortgage-deposit-share-first-time-buyer-house-price-england/
Department for Communities and Local Government (UK). (2023). Distribution of first-time buyers in England from 2022 to 2023, by mortgage deposit as a share of house price. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1455579/mortgage-deposit-share-first-time-buyer-house-price-england/
Department for Communities and Local Government (UK). "Distribution of First-time Buyers in England from 2022 to 2023, by Mortgage Deposit as a Share of House Price." Statista, Statista Inc., 14 Dec 2023, https://www.statista.com/statistics/1455579/mortgage-deposit-share-first-time-buyer-house-price-england/
Department for Communities and Local Government (UK), Distribution of first-time buyers in England from 2022 to 2023, by mortgage deposit as a share of house price Statista, https://www.statista.com/statistics/1455579/mortgage-deposit-share-first-time-buyer-house-price-england/ (last visited December 22, 2024)
Distribution of first-time buyers in England from 2022 to 2023, by mortgage deposit as a share of house price [Graph], Department for Communities and Local Government (UK), December 14, 2023. [Online]. Available: https://www.statista.com/statistics/1455579/mortgage-deposit-share-first-time-buyer-house-price-england/
