News
More second-steppers rely on higher LTV mortgages – Barclays
Over a third (34%) of second-steppers said they feel stuck in their first property because it is too expensive to move.
Barclays Property Insights
News
Cooling costs cause one in seven adults to consider moving home – Barclays
Two in five adults (40%) would prefer to invest in home improvements to reduce overheating, rather than rely on cooling devices.
News
Fifth of Gen Z would move further for affordable homes as deposits fall – Barclays
Data showed the average deposit fell 16.4% year-on-year in May to £57,209, but deposits remained the biggest barrier to homeownership for renters.
News
Six in 10 tenants believe Renters’ Rights Act will boost renting conditions, Barclays finds
Barclays Property Insights found awareness of the legislation among renters has risen from 19% in October, after the Bill passed, to 60% since it came into effect.
News
17% of adults say Middle East conflict has changed their housing plans – Barclays
Data showed that 27% of homeowners are overpaying on their mortgage, and 20% of those remortgaging are looking to lock in a new rate as soon as possible.
Residential Mortgages
Student debt leaves FTBs nearly £2,000 a year behind on house deposits – Barclays
Those with loans put aside £310 per month, compared to £473.70 for those without, leaving a gap of £163.70 every month.
News
Property chain breakdowns increase moving costs by over £2,000 for homebuyers – Barclays
Chain breakdown was the main reason for failed sales or purchases in the last three years, with 22% saying a buyer or seller pulled out.
Residential Mortgages
34% of Gen Z adults hope to purchase a home in 2026 – Barclays
Gen Z adults were more than twice as likely as the national average to want to buy, at 34% compared to 16%.
Lead Story
A fifth of second-steppers need family support to buy their home – Barclays
The most common support was a lump sum gift from parents at 39%, followed by inheritance at 27%, and loans from family or friends at 13%.
News
FTBs opt for semi-detached homes and longer mortgages – Barclays
33% of Gen Z buyers, aged 18 to 27, said they bought a ‘forever home’ so they wouldn’t have to move.
News
Number of renters saving for a deposit drops to lowest point this year – Barclays
The number of renters saving for a deposit dropped to a six-month low at 17% in July, down from 31% in January.
News
Rent and mortgage spending growth slows as borrowers brace for higher costs
Spending on rent and mortgages rose 4.6% year-on-year in May, but growth is slowing as remortgagers prepare for steep repayment increases, according to Barclays Property Insights.