{"id":78745,"date":"2026-07-07T23:41:25","date_gmt":"2026-07-07T23:41:25","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/78745\/"},"modified":"2026-07-07T23:41:25","modified_gmt":"2026-07-07T23:41:25","slug":"the-age-when-people-in-the-uks-aspirations-to-own-a-home-fade-sharply","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/78745\/","title":{"rendered":"The age when people in the UK\u2019s aspirations to own a home \u2018fade sharply\u2019"},"content":{"rendered":"

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Hopes of owning a home<\/a> dwindle significantly for Britons who have not secured property by middle age, new research suggests.<\/p>\n

Among non-homeowners, 76 per cent of 25 to 34-year-olds and 59 per cent of 35 to 44-year-olds still aspire to buy. <\/p>\n

This ambition sharply declines to 38 per cent for 45 to 54-year-olds, 20 per cent for 55 to 64-year-olds, and just 8 per cent for those over 65, according to the Yorkshire Building Society.<\/p>\n

Despite this, nearly nine in 10 (88 per cent) people surveyed still believe homeownership is important. Tom Simpson, managing director of homes at Yorkshire Building Society, commented: “Britain hasn\u2019t fallen out of love with homeownership \u2013 far from it.”<\/p>\n

\u201cPeople still see owning a home as central to their stability, their security and their future.<\/p>\n

\"NearlyNearly nine in 10 (88 per cent) people surveyed believed homeownership is important (Getty\/iStock)<\/p>\n

\u201cBut what\u2019s changing is belief. For too many people, particularly those who haven\u2019t bought by their late 30s, the dream starts to feel out of reach.\u201d<\/p>\n

Public First carried out the survey in March and April among more than 4,000 people across the UK, including more than 1,500 people who were not homeowners.<\/p>\n

It comes as the average UK house price increased on a month-on-month basis for the first time in four months in June, according to an index.<\/p>\n

Property values rose by 0.2 per cent month on month typically in June, marking the first monthly increase since February, Lloyds said.<\/p>\n

Annual house price growth also accelerated to reach 0.6 per cent in June, from 0.5 per cent in May.<\/p>\n

Across the UK, the average property value in June was \u00a3299,330.<\/p>\n

Amanda Bryden, head of mortgages at Lloyds, said: \u201cHouse prices rose for the first time in four months during June, increasing by 0.2 per cent, compared to May.<\/p>\n

\u201cThe typical property now costs \u00a3299,330 while the annual rate of growth also edged higher to 0.6 per cent.<\/p>\n

\u201cRecent price trends continue to reflect wider economic uncertainty, including the impact of global events on inflation and interest rate expectations.<\/p>\n

\u201cWhile affordability remains stretched for many buyers, mortgage rates have eased from their recent highs, offering some encouragement to those considering a move.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The…\n","protected":false},"author":2,"featured_media":78746,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[4],"tags":[7341,6355,2755,3051,5,6],"class_list":["post-78745","post","type-post","status-publish","format-standard","has-post-thumbnail","category-uk","tag-estate-agents","tag-horizontal","tag-rate","tag-real-estate","tag-uk","tag-united-kingdom"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116881345402802148","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/78745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=78745"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/78745\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/78746"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=78745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=78745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=78745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}