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Evening Standard
Evening Standard
Vicky Shaw

People’s aspirations to own a home ‘fade sharply if not achieved by middle age’

Yorkshire Building Society Tom Simpson
The dream of homeownership still feels ‘out of reach’ for too many people, Tom Simpson, managing director of homes at Yorkshire Building Society said (Steve Parsons/PA) - (PA Archive)

The aspiration to get on the property ladder fades if it is not achieved by the time people reach middle age, a survey indicates.

Among people surveyed who are not homeowners, 76% of 25 to 34-year-olds and 59% of 35 to 44-year-olds aspire to buy a home, falling to 38% of 45 to 54-year-olds, Yorkshire Building Society said.

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