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
Characteristic
Share of purchase price
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 August 25, 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 August 25, 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: August 25, 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 August 25, 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/