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

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.

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.

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.

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.

In the 2 years to March 2023, White British households spent 28% of their weekly income on rent payments on average – the lowest percentage out of all ethnic groups.

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.

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.

This dataset is about book subjects. It has 1 row and is filtered where the books is Housing policy and the future of home-ownership in the UK. It features 10 columns including number of authors, number of books, earliest publication date, and latest publication date.

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.

Homeownership in England showed a stark generational divide in 2024. About ** percent of those aged 65 and above lived in an owner-occupied home, which contrasts sharply with younger age groups, particularly those under **. Less than half of 25 to 35 year-olds lived in an owner-occupied home. 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.

UK Residential Real Estate Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2024 to 2031.

The UK residential real estate market is driven by robust demand for housing, especially in major cities like London, Manchester, and Birmingham. The UK government’s housing strategy aims to deliver 300,000 new homes annually to meet demand, which continues to outpace supply. With an increasing population and changing demographics, including more people opting for homeownership, demand for residential properties remains high. The need for family homes and affordable housing continues to drive growth in both urban and suburban markets.

Moreover, government initiatives such as the Help to Buy scheme and Stamp Duty cuts have played a significant role in encouraging first-time buyers to enter the residential market. Recent changes to Stamp Duty, which saw exemptions for homes below a certain price threshold, have increased affordability for many buyers. The government’s First Homes Scheme offers new properties at a discounted rate for first-time buyers, making homeownership more accessible. According to the UK Ministry of Housing, Communities, and Local Government, the scheme has helped thousands of young buyers get onto the property ladder.

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

These National Statistics provide monthly estimates of the number of residential and non-residential property transactions in the UK and its constituent countries. National Statistics are accredited official statistics.

England and Northern Ireland statistics are based on information submitted to the HM Revenue and Customs (HMRC) Stamp Duty Land Tax (SDLT) database by taxpayers on SDLT returns.

Land and Buildings Transaction Tax (LBTT) replaced SDLT in Scotland from 1 April 2015 and this data is provided to HMRC by https://www.revenue.scot/" class="govuk-link">Revenue Scotland to continue the time series.

Land Transaction Tax (LTT) replaced SDLT in Wales from 1 April 2018. To continue the time series, the https://gov.wales/welsh-revenue-authority" class="govuk-link">Welsh Revenue Authority (WRA) have provided HMRC with a monthly data feed of LTT transactions since July 2021.

LTT figures for the latest month are estimated using a grossing factor based on data for the most recent and complete financial year. Until June 2021, LTT transactions for the latest month were estimated by HMRC based upon year on year growth in line with other UK nations.

LTT transactions up to the penultimate month are aligned with LTT statistics.

Go to Stamp Duty Land Tax guidance for the latest rates and information.

Go to Stamp Duty Land Tax rates from 1 December 2003 to 22 September 2022 and Stamp Duty: rates on land transfers before December 2003 for historic rates.

The latest release was published 09:30 31 July 2025 and was updated with provisional data from completed transactions during June 2025.

The next release will be published 09:30 29 August 2025 and will be updated with provisional data from completed transactions during July 2025.

https://webarchive.nationalarchives.gov.uk/ukgwa/20240320184933/https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above" class="govuk-link">Archive versions of the Monthly property transactions completed in the UK with value of £40,000 or above are available via the UK Government Web Archive, from the National Archives.

Number of affordable housing starts (seasonally adjusted)

How the figure is calculated:

Total reported numbers of starts under the relevant programmes within the reporting period. Because delivery is seasonal and reflects funding profiles, with more starts and completions being reported in the second six months than are reported in the first six months, the current figures are compared back to the equivalent period of the year before rather than the preceding six months.

Why is this indicator in the business plan?

These are the most timely indicators on affordable housing delivery. Increasing the supply of affordable housing is a key part of DCLG policy.

How often is it updated?

Bi-annually, approximately June and November.

Where does the data come from?

Homes and Communities Agency (HCA) - Investment Management System and other programme information. Published figures are at http://www.homesandcommunities.co.uk/housing-statistics.

Greater London Authority (GLA) - Investment Management System and other programme information. Published figures are at http://www.london.gov.uk/priorities/housing-land/increasing-housing-supply/gla-affordable-housing-statistics.

What area does the headline figure cover?

England

Are further breakdowns of the data available?

Yes, can be split by type (social rent, affordable rent, intermediate rent, Low Cost Home Ownership) and by local authority area.

What does a change in this indicator show?

An increase in this indicator is good and shows more new affordable houses are being started through the HCA and GLA.

Time Lag

Published within two months of the end of the reporting period.

Next available update

June 2015.

Type of Data

Official Statistics.

Robustness and data limitations

• Does not include all affordable housing starts and completions because some will be delivered outside the HCA and GLA roles.
• Delivery is seasonal and reflects funding profiles. Delivery tends to be lower in the first six months than the last six months of the year and therefore comparisons with the previous six-monthly period are not usually appropriate.
• A small number of the affordable housing starts reported by the HCA over this period are actually located in London (the Get Britain Building programme in London is administered by the HCA on behalf of the GLA).

With effect from 1 April 2014, affordable housing starts on site include the starts on site for new build homes purchased at completion. These have not been reported historically

Links to Further Information

http://www.homesandcommunities.co.uk/housing-statistics

http://www.london.gov.uk/priorities/housing-land/increasing-housing-supply/gla-affordable-housing-statistics

Contact Details

CorporatePerformance@communities.gsi.gov.uk

Comprehensive dataset containing 81 verified Homeowners' association businesses in United Kingdom with complete contact information, ratings, reviews, and location data.

The census is undertaken by the Office for National Statistics every 10 years and gives us a picture of all the people and households in England and Wales. The most recent census took place in March of 2021.The census asks every household questions about the people who live there and the type of home they live in. In doing so, it helps to build a detailed snapshot of society. Information from the census helps the government and local authorities to plan and fund local services, such as education, doctors' surgeries and roads.Key census statistics for Leicester are published on the open data platform to make information accessible to local services, voluntary and community groups, and residents.Further information about the census and full datasets can be found on the ONS website - https://www.ons.gov.uk/census/aboutcensus/censusproductsTenureThis dataset provides Census 2021 estimates that classify households in England and Wales by tenure. The estimates are as at Census Day, 21 March 2021.Definition: Whether a household owns or rents the accommodation that it occupies.Owner-occupied accommodation can be:owned outright, which is where the household owns all of the accommodationwith a mortgage or loanpart-owned on a shared ownership schemeRented accommodation can be:private rented (for example, rented through a private landlord or letting agentsocial rented through a local council or housing associationThis information is not available for household spaces with no usual residents.This dataset includes data for Leicester city and England overall.