Overview

• Over-60s own 56% of the UK's owner-occupier housing wealth, valued at £2.89 trillion, while under-35s hold just 6%.
• Homeowners aged over 75 control nearly a quarter (23%) of housing wealth, reflecting decades of house price growth and mortgage payoff.
• The South East leads in regional disparities, with over-60s holding £603 billion in housing wealth, the highest by value.
• Older generations have minimal debt, with just £60 billion in outstanding mortgages, equating to 2% of their property value.
• Experts suggest policies like incentivizing downsizing and creating more retirement housing to unlock equity for younger buyers.