Owner Occupation
(asked on 2nd April 2019) - View Source
Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Housing, Communities and Local Government, what assessment he has made of trends in the level of home ownership for under-45 year-olds since 2010.
This question was answered on 10th April 2019
The proportion of under 45-year-olds owning their own home was 50 per cent in 2010-11. This fell to 42 per cent in 2016-17 and has increased to 45 per cent in 2017-18.
Supported by government schemes including Help to Buy and Right to Buy, the number of first-time buyers rose to over 370,000 in 2018, which is an 86 per cent increase since 2010.