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Latest Blog


The changing profile of first-time buyers

The age of first-time buyers has shifted up the scale over the past twenty years, according to the most recent English Housing Survey. While the average age only crept up two years, to 32, a larger change has occurred in the share of different age groups.

The proportion of first-time buyers between ages 16-24 has plummeted from 21.3% to 7.5%, while 35-44 year olds now make up 20.9% of the first-time buyer population, up from 16%. (Read more)

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Pressures in the economy challenge homebuyers and savers

Developments in the wider economy are making it more challenging for homebuyers and savers. Building societies continue to support both groups, and maintained a high market share of new mortgage lending and savings in the second quarter of 2017.

Full details of building societies Q2 lending and savings figures. (Read more)

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Sector Statistics

Mortgage lending and savings statistics for the building society sector are now available.

Monthly data for Q2 2017 can be downloaded. Please click here for more information.

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