Alliance & Leicester reveals property goals of under-30s

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Alliance & Leicester reveals property goals of under-30s

More than half (57 per cent) of people under 30 have the goal of owning their own property while they are still in their 20s, according to new research by Alliance & Leicester.

The Moving Improving survey - conducted among 18 to 29-year-olds - reveals that purchasing a home is one of the key targets that 20-somethings have set themselves.

Getting married and having a child before 30 were two other common objectives, set by 49 per cent and 42 per cent of the respondents respectively.

Richard Taylor, head of mortgage products at Alliance & Leicester, said that 30 seems to be "a landmark age for many people".

"Even in an uncertain housing market we're seeing those under the age of 30 feeling confident and optimistic about the prospect of getting onto the property ladder before they say goodbye to their 20s," he added.

Alliance & Leicester recently introduced some new three and five-year fixed-rate mortgages, as well as a base rate tracker remortgage deal.
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