Home ownership rates for families aged 25-34 are rising for the first time in 30 years according to Resolution Foundation

December 24, 2018

Home ownership rates for families aged 25-34 are rising for the first time in 30 years, but high barriers to entry facing first-time buyers remain acute, according to new analysis recently published by the Resolution Foundation.

Home ownership rates among 25-34 year olds have risen by 3 per cent since they hit the rock bottom level of 25 per cent in 2016.

The analysis shows that falling home ownership rates, and reduced access to social housing, have driven rapid growth in the number of young families who rent privately.

Daniel Tomlinson, Research and Policy Analyst at the Resolution Foundation, said:

“After decades of falling home ownership, recent conditions in the housing market as we move away from the immediate aftermath of the financial crisis are finally helping more young families to buy a home of their own.

“But the long term drivers of lower ownership rates, including low interest rates, and high house prices and deposit requirements, are here to stay. Home ownership rates for young families are barely half as high as they were back in the late 1980s, while fewer than one in five own in many of Britain’s major cities.

“So as well as welcoming the tick up in youth home ownership politicians should act to increase the number of homes available to buy, use the tax system to favour first time buyers over second home owners, and ensure that the private rental sector is fit for purpose – providing the security that many young families need.”

Read the press release from Resolution Foundation published 22nd December 2018 in full click here.

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Estate Agent Talk

Crafting Your Ideal Workspace: Desks and Chairs for Productivity

Creating a workspace that helps you stay focused and productive starts with the basics. The desk and chair you choose are not just pieces of furniture. They influence your comfort, posture, and ability to concentrate throughout the day. A well-planned setup can make a noticeable difference in how efficiently you work. Choosing the Right Desk…
Read More →
Breaking News

New research spotlights AML compliance vulnerabilities for estate agents

This comes amid the news that almost 200 estate and lettings agents have been fined by HMRC for AML failings New research from client due diligence platform Thirdfort reveals that senior managers in estate agencies are not taking AML compliance seriously enough. Despite many taking the threat of money laundering very seriously, some 54% of…
Read More →
Breaking News

House survey enquiries surge in 2025

Enquiries for house surveys have risen sharply in the first half of 2025, up over 83% compared to the same period in 2024. More buyers are taking the condition of a property seriously before committing, showing a clear shift towards due diligence.  Compare My Move’s research reveals that Level 2 and Level 3 house surveys…
Read More →
Rightmove logo
Breaking News

Price is key as sellers compete for buyers with big July price drop

The average price of property coming to the market for sale drops by 1.2% (-£4,531) this month to £373,709. With the number of available homes still at a decade-high level, summer sellers are pricing even more competitively to attract buyer interest: London is the biggest regional driver of new seller asking price falls this month…
Read More →
Estate Agent Talk

5 Top Tips for Improving Your Home for Selling

Selling your home can be a lengthy process, often with a long wait for potential buyers to view and make an offer on your property. However, there are ways you can speed up the process and make your home appealing to the masses for a quick sale. If you’re hoping to create the vision of…
Read More →
Estate Agent Talk

How will Blockchain Revolutionise Real Estate

The Blockchain technology has been one of the most path-breaking innovations in modern times, radically changing how businesses and industries conduct their operations. Today, more and more sectors are realising the benefits of taking their core activities to the Blockchain platform. It is not the financial sector or real estate sector or any other private…
Read More →