Homeowners with financial help from family for house purchase the UK 2019, by age

Published by Statista Research Department, Nov 13, 2020
This statistic illustrates the share of current homeowners, who reported having received 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 62 percent of homeowners under the age of 35 had financial help from family and friends when purchasing a home. In comparison, only seven percent of homeowners over the age of 55 received similar financial help with purchasing a property.

Share of current homeowners that received financial assistance from family or friends for home purchase in the United Kingdom (UK) in 2019, by age

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Release date

August 2019

Region

United Kingdom

Survey time period

April 2019

Number of respondents

Over 1,500

Age group

18 years and older

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Personal finance context

5

Large and small loans

8

Financial family support context

4

Personal loans context

4

Pocket money

5

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