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Evening Standard
Evening Standard
Vicky Shaw

Over-60s hold £3.84 trillion of housing wealth in UK, property firm estimates

The passing of equity between generations will be a ‘prominent feature’ of the housing market the years ahead, Lucian Cook, head of residential research at Savills said (Joe Giddens/PA Archive) - (PA Archive)

Owner‑occupiers aged 60 and over hold the majority (55%) of the UK’s net housing wealth in the UK, analysis from a property firm indicates.

Those aged 60 and over hold a total of £3.84 trillion of housing equity, Savills estimated – of which around £2.92 trillion is held in main residences, while other equity is in buy-to-let investments and other residential holdings.

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