70% of White British households owned their own homes – the highest percentage out of all ethnic groups.

About 36 percent of homeowners in England were aged 65 and above, which contrasts sharply with younger age groups, particularly those under 35. Young adults between 25 and 35, made up 15 percent of homeowners and had a dramatically lower homeownership rate. The disparity highlights the growing challenges faced by younger generations in entering the property market, a trend that has significant implications for wealth distribution and social mobility. Barriers to homeownership for young adults The path to homeownership has become increasingly difficult for young adults in the UK. A 2023 survey revealed that mortgage affordability was the greatest obstacle to property purchase. This represents a 39 percent increase from 2021, reflecting the impact of rising house prices and mortgage rates. Despite these challenges, one in three young adults still aspire to get on the property ladder as soon as possible, though many have put their plans on hold. The need for additional financial support from family, friends, and lenders has become more prevalent, with one in five young adults acknowledging this necessity. Regional disparities and housing supply The housing market in England faces regional challenges, with North West England and the West Midlands experiencing the largest mismatch between housing supply and demand in 2023. This imbalance is evident in the discrepancy between new homes added to the housing stock and the number of new households formed. London, despite showing signs of housing shortage, has seen the largest difference between homes built and households formed. The construction of new homes has been volatile, with a significant drop in 2020, a rebound in 2021 and a gradual decline until 2024.

Home Ownership Rate in the United Kingdom decreased to 64.50 percent in 2023 from 64.70 percent in 2022. This dataset provides the latest reported value for - United Kingdom Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

This statistic illustrates the home ownership rate among the total population of the United Kingdom (UK) between 2007 and 2018. During that timeframe, the home ownership rate oscillated between approximately 63 to 73 percent of the total population.

The distribution of all owner-occupier households in England in 2024 varied per age group, as well as the type of home financing. The older the age group, the larger the share of owner-occupier homeowners who purchased their home outright. A share of 2.1 percent of own outright homeowners were between the ages of 25 to 34, whereas a share of 62.1 percent of own outright homeowners were aged 65 and over. Although this is the case, the largest share of homeowners who purchased their house with a mortgage was in the age range of 35 to 44 years old.

In 2024, approximately ** percent of all housing in England was owner-occupied. This share declined notably since the early 2000's, as house prices gradually grew and affordability declined. In 2021, mortgage interest rates soared, leading to even lower homebuyer sentiment.

This statistic displays the share of adults in the Untied Kingdom (UK) that outright own their home in 2020, by age group. There is a clear correlation between age and home ownership with ** percent of those between 65 and 74 years owning their dwelling outright. Among adults aged between 18 and 24 only *** percent own their home outright. A similar trend is observed when it comes to home ownership by age group.

This dataset provides values for HOME OWNERSHIP RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The Fast-tracking Low-Energy Use via Retrofit (FLEUR) project is based on a recent UCL-led research project on the adoption process of low-carbon home retrofit among UK homeowners, which made use of realistic psychological models of household decision-making regarding domestic energy retrofit. Out of this work came several novel insights that the FLEUR project aimed to translate into plausible policy suggestions for impact in the real world, in order to help the UK housing sector to reach net zero carbon targets by 2050. This aim of the FLEUR project was met through a project workshop with various stakeholders interested to advance low-energy retrofit in the UK, such as demand and supply side actors in energy retrofit industry, governmental actors, intermediary organisations that operate to advance change towards sustainability and academics that specialise in low-carbon home retrofit. The workshop was successfully carried out on 25th May 2021 with 36 participants. It provided the opportunity to discuss, validate and enrich the research-based insights, as well as reach out to and communicate research findings to relevant beneficiaries (workshop stakeholders). The workshop participants were encouraged to think about the familiar topic of domestic energy retrofit from a novel perspective with the intend to internalise research findings and integrate them, where possible, in their organisational activities. The data related to the project workshop is deposited here. The collected data include: - A record of answers to open ended questions in the pre-workshop survey - 10 transcripts of breakout sessions in 10 Zoom break out rooms. - One transcript for the plenary session. - A record of the workshop chat, which took place via Zoom

In the 2 years to March 2023, the average age of first-time buyers was 32 years old.

The United Kingdom Home Insurance Market is Segmented by Coverage (Building, Content, Combined Building and Content), Customer Type (Homeowner, Tenants and More), Property Type (Detached, Semi-Detached, Terraced, Flat and Apartments), Distribution Channel (Direct, Bancassurance, Brokers, Aggregators and More), and Region (England, Scotland, Wales, Norther Ireland). The Market Forecasts are Provided in Terms of Value (USD)

About ** percent of first-time and ** percent of second-time buyers were likely to consider a green home in the United Kingdom in 2022. A small share of both groups was unlikely to consider a green home: *** percent were second-time and **** percent were first-time buyers. The most important reason for home buyers purchasing a green home was the homes being better for the environment.

Financial cost was the major obstacle preventing homeowners in the United Kingdom (UK) from improving the energy sustainability of their primary property, a survey conducted in the second quarter of 2023 found. About ** percent of the ***** homeowners surveyed were not planning to renovate their home in the next 10 years. The majority of them, about ** percent, cited the costs as the main reason. Additionally, ** percent feared the disruption that the renovation works would cause.

Explore the historical Whois records related to homeowners-testing.co.uk (Domain). Get insights into ownership history and changes over time.

In the presented European countries, the homeownership rate extended from 42 percent in Switzerland to as much as 96 percent in Albania. Countries with more mature rental markets, such as France, Germany, the UK and Switzerland, tended to have a lower homeownership rate compared to the frontier countries, such as Lithuania or Slovakia. The share of house owners among the population of all 27 European countries has remained relatively stable over the past few years. Average cost of housing Countries with lower homeownership rates tend to have higher house prices. In 2023, the average transaction price for a house was notably higher in Western and Northern Europe than in Eastern and Southern Europe. In Austria - one of the most expensive European countries to buy a new dwelling in - the average price was three times higher than in Greece. Looking at house price growth, however, the most expensive markets recorded slower house price growth compared to the mid-priced markets. Housing supply With population numbers rising across Europe, the need for affordable housing continues. In 2023, European countries completed between one and six housing units per 1,000 citizens, with Ireland, Poland, and Denmark responsible heading the ranking. One of the major challenges for supplying the market with more affordable homes is the rising construction costs. In 2021 and 2022, housing construction costs escalated dramatically due to soaring inflation, which has had a significant effect on new supply.

The size of the UK Home Insurance Market was valued at USD 5.30 Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 2.11">> 2.11% during the forecast period. Home insurance, also known as homeowner's insurance, is a type of property insurance that provides financial protection against various risks to a private residence. This insurance typically covers damages to the home itself, as well as the belongings inside it. Common perils covered include fire, theft, vandalism, and natural disasters like storms or earthquakes, depending on the policy specifics. Home insurance is essential for homeowners as it helps mitigate the financial burden of unexpected events that could cause significant damage or loss. It ensures that homeowners can repair or rebuild their homes and replace personal belongings without facing severe financial hardship. Recent developments include: In July 2023: Aviva, the leading home insurer in the United Kingdom, signed a contract with Barclays United Kingdom to purchase its home insurance portfolio comprising 350,000 customers. This acquisition will further support the insurer’s ambitions to grow its retail insurance business in the United Kingdom., In May 2023: Amazon, the international e-commerce giant, partnered with prominent United Kingdom insurance providers, Ageas, Co-op, LV, and Policy Expert to streamline the home insurance purchase process.. Key drivers for this market are: Growth in Number of Households is Driving the Market, Wide Range Of Offers Provided By Insurers is Driving the Market. Potential restraints include: Policies Excluding Coverage for Natural Disasters is Restraining the Market, Rising Claims Costs Impacting Insurer's Profitability. Notable trends are: Building/Property Insurance is Dominating the United Kingdom Home Insurance Market.

Abstract copyright UK Data Service and data collection copyright owner. VERD is a research project at the University of East Anglia investigating homeowners' decisions to renovate, with a particular emphasis on energy efficiency. VERD stands for Value propositions for Energy efficient Renovation Decisions. The project is a collaboration between researchers from the Norwich Business School and the Tyndall Centre for Climate Change Research, and is funded by the UK Energy Research Centre (UKERC). This study focuses on why homeowners renovate and why they decide to improve their home energy efficiency. The study is based on data collected from homeowners in two ways: a national survey and (simultaneously) stated preferences for renovation alternatives. The survey took place in September 2012 and drew from a representative sample of 1,028 UK homeowners, who were asked whether or not they were considering renovations. About half said they were not. The other half, who were, were asked how far along they were in their decision process. About 19 per cent were thinking about renovations in general terms, 16 per cent were concretely planning renovations, and the remaining 15 per cent were in the middle of or finalising renovations. The study was repeated a year later using two separate sub-samples. One sub-sample included the same respondents from the previous year and the other was a new independent sub-sample. The data collected allowed the VERD team to answer the following questions:Why do homeowners first start thinking about renovations?How do homeowners decide to renovate? And why do they include energy-efficiency measures? What value propositions are attractive to renovating homeowners? And what role might the Green Deal play? Further information is available from the UKERC VERD project webpage and the Tyndall Centre VERD project webpage. Main Topics: The data cover UK homeowners’ renovation decisions and process. Basic household demographic information is also included. Members of the Ipsos Access Panel Online (web-based) survey