The statistic shows the financing methods used to pay for houses in the United Kingdom (UK) as of March 2015. It was found that 25 percent of homeowners have not used any financing options. With 23 percent, low mortgage rates and interest-only mortgages were the most used methods of financing a property purchase.
Home financing methods used by adults in the United Kingdom (UK) as of 2014*
Characteristic
Share of respondents
Interest only mortgage
23%
Low mortgage rates
23%
Extended mortgage (over 25 yrs)
17%
Personal loans from family or friends
11%
Low deposit to mortgage value
8%
Government and shared ownership (like Help to Buy)
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YouGov, & HomeOwners Alliance. (July 16, 2014). Home financing methods used by adults in the United Kingdom (UK) as of 2014* [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/428846/uk-united-kingdom-ways-homeowners-finance-housing/
YouGov, und HomeOwners Alliance. "Home financing methods used by adults in the United Kingdom (UK) as of 2014*." Chart. July 16, 2014. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/428846/uk-united-kingdom-ways-homeowners-finance-housing/
YouGov, HomeOwners Alliance. (2014). Home financing methods used by adults in the United Kingdom (UK) as of 2014*. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/428846/uk-united-kingdom-ways-homeowners-finance-housing/
YouGov, and HomeOwners Alliance. "Home Financing Methods Used by Adults in The United Kingdom (Uk) as of 2014*." Statista, Statista Inc., 16 Jul 2014, https://www.statista.com/statistics/428846/uk-united-kingdom-ways-homeowners-finance-housing/
YouGov & HomeOwners Alliance, Home financing methods used by adults in the United Kingdom (UK) as of 2014* Statista, https://www.statista.com/statistics/428846/uk-united-kingdom-ways-homeowners-finance-housing/ (last visited November 22, 2024)
Home financing methods used by adults in the United Kingdom (UK) as of 2014* [Graph], YouGov, & HomeOwners Alliance, July 16, 2014. [Online]. Available: https://www.statista.com/statistics/428846/uk-united-kingdom-ways-homeowners-finance-housing/
