Number of first time buyers in the UK 2009-2023
The number of first-time homebuyers in the United Kingdom (UK) fell for the second year in a row in 2023, after peaking during the coronavirus pandemic. Over 293,000 people bought their first home in 2023, down from 405,000 in 2021. That was the lowest figure observed since 2013. Homebuyer sentiment also deteriorated markedly during that period.