On average, first-time homebuyers In the United Kingdom (UK) saved up 19 percent of the home price for a down payment in 2023, amounting to close to 53,000 British pounds. In Greater London, which was the priciest region to buy a home, the down payment was higher, at 22 percent.
First-time buyer average deposit as a share of purchase price in the United Kingdom (UK) in 2023, by region
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Lloyds Banking Group. (January 31, 2024). First-time buyer average deposit as a share of purchase price in the United Kingdom (UK) in 2023, by region [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/557897/first-time-buyer-deposit-as-share-of-price-by-region-uk/
Lloyds Banking Group. "First-time buyer average deposit as a share of purchase price in the United Kingdom (UK) in 2023, by region." Chart. January 31, 2024. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/557897/first-time-buyer-deposit-as-share-of-price-by-region-uk/
Lloyds Banking Group. (2024). First-time buyer average deposit as a share of purchase price in the United Kingdom (UK) in 2023, by region. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/557897/first-time-buyer-deposit-as-share-of-price-by-region-uk/
Lloyds Banking Group. "First-time Buyer Average Deposit as a Share of Purchase Price in The United Kingdom (Uk) in 2023, by Region." Statista, Statista Inc., 31 Jan 2024, https://www.statista.com/statistics/557897/first-time-buyer-deposit-as-share-of-price-by-region-uk/
Lloyds Banking Group, First-time buyer average deposit as a share of purchase price in the United Kingdom (UK) in 2023, by region Statista, https://www.statista.com/statistics/557897/first-time-buyer-deposit-as-share-of-price-by-region-uk/ (last visited November 18, 2024)
First-time buyer average deposit as a share of purchase price in the United Kingdom (UK) in 2023, by region [Graph], Lloyds Banking Group, January 31, 2024. [Online]. Available: https://www.statista.com/statistics/557897/first-time-buyer-deposit-as-share-of-price-by-region-uk/