The results follow the latest English Housing Survey from the Department for Communities and Local Government which shows that the number of owner-occupied households has dropped from its peak of 14.79 million in 2005 to 14.45 million in 2010/11. Almost a third of first-time-buyers are now aged over 35.
The Halifax report revealed that single women (62%) are more likely than single men (53%) to be homeowners, as well as more likely to own their homes outright (47% against 30%). In contrast, single men are more likely to buy with a mortgage (23% against 15%).
The Halifax report revealed that single women (62%) are more likely than single men (53%) to be homeowners, as well as more likely to own their homes outright (47% against 30%). In contrast, single men are more likely to buy with a mortgage (23% against 15%).
According to a survey by the Halifax, women are more likely to be homeowners and less likely to be renting.
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