Generation rent

We asked you

Under 35? Then welcome to generation rent – the age group that’s leaving home later, renting for longer, and often struggling to get on the property ladder. But why? And how can we change this?

To learn more, we went out and asked the experts: you. Thanks to your answers, we can show you the big picture – where young people are living, when they’re moving, and why. What’s more, we’ve come up with some useful tips to help you fly the nest sooner.

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East of England

East Midlands


North East

North West


South East

South West


West Midlands

Yorkshire & the Humber

of 21-35 year olds live in property they own

of 21-35 year olds are renting accommodation

of 21-35 year olds have always lived with their parents/family

of 21-35 year olds moved out of the family home but had to return

of 21-35 year olds moved into accommodation they don’t pay rent for

Who's living where?

of 21-35 year olds live at home with their parents / family and have only ever lived at home

A quarter of you live with your parents or family. It’s not for want of trying though – 10% have already moved out once, but had to return. However, your chances of moving out improve with age: 83% of 31-35 year olds either rent or own property, compared to half of 21-25 year olds.

Overall, 36% of you own your home. This varies with location, but not necessarily with house prices. As you’d expect, less than one in three young Londoners – who've seen prices rise by nearly 70% in ten years1 – have bought property. Yet in the East of England, where house prices have increased by 38% in the same period2, almost half of 21-35 year olds own their home.

You’re most likely to buy a house when you’re in your late twenties, with home ownership rising from 17% among those aged 21-25, to 38% among those between 26-30. However, this trend slows after people hit their thirties: over half of 31-36 year olds haven’t made it onto the property ladder.



41% of young people living at home can’t afford to move out

Why are 21-35 year olds still living at home with their family?

Over a quarter of young people live at home – but why? Most of you (41%) simply can't afford your own place. It's not surprising, since salaries aren’t increasing at the same rate as living costs. For under-30s, renting a one-bedroom home takes almost half their pay packet3.

Living at home can help cut costs, and a fifth of you are staying with family to squirrel away funds for a house deposit. This is certainly a big job: first-time buyers typically shell out 133% of their annual salary on a down payment4.

Interestingly, 15% of you say you're living with your family because you want to. This might be to care for relatives, or simply because you love a home-cooked meal (we don't blame you!).

Looking to the future

Do 21-35 year olds still living at home in the think they'll ever be able to afford their own home?

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Not sure

So, is generation rent destined to live up to its name? Almost half of you think otherwise: 46% believe they'll be able to buy their own home in the future. Yet one in four of you are pessimistic about your chances of home ownership, while the remaining quarter are unsure.

Your doubt seems to increase with age – or perhaps with time spent living at home. Of those staying with family, over a third of 31-35 year olds think they’ll never afford their own place, compared to a quarter of 26-30 year olds, and one in five 21-25 year olds.

Also, the older you get, the longer you think it’ll take to move out. Those aged 31-35 estimate they'll leave home after three and a half years, while those between 21-25 reckon it'll take 2 years and 9 months.

Young people in Wales are the most pessimistic about their chances of buying a home – only a third think it'll ever be a reality for them. However, this may improve, as the country's recently seen a big rise in average income, while house prices are increasing more slowly5. Young people in the North East are the most likely to return home after living independently – but they’re not letting it get them down. Over half are sure they'll buy a house in the future, making them the most optimistic in the UK.




of 21-35 year olds in the own their own home.
How can you be part of that group?

What will it cost to move out?

See how close you are to independence by using our moving-out cost calculator. It estimates the average monthly rent and mortgage payments for your area, plus living expenses like utility bills and council tax. If you’re thinking of buying a place, remember to compare mortgages to get a deal that fits you.

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Tips for success

Make sure you've saved enough for admin fees and a security deposit.
Calculate your full living costs, including rent, bills, food, travel and council tax.
Check your Experian Credit Score to get an idea of how landlords may view you.
Read the contract thoroughly, and make any requests before signing it.
Compare energy deals to help minimise your living costs.
Meet all rent payments on time to protect your credit score.
Use a mortgage calculator to see what you can afford.
Remember you’ll need to pay ‘stamp duty’ tax when you buy.
Ensure you can afford bills, insurance and other living costs.
Improve your chances of getting a mortgage by increasing your credit score.
Consider using a help-to-buy scheme or similar.
Learn about different types of mortgage and find one that fits you.
Make sure you can afford to help, and consider the risks before you commit to anything.
You could contribute to your child’s deposit (but keep an eye on inheritance tax).
You could raise funds for a deposit via equity release or a secured loan on your home.
A ‘deed of trust’ could help you get your contribution back when the house is sold.
You don’t have to lend – you could consider being a guarantor on their mortgage.
Help them get a mortgage by showing them how to improve their credit score.

This data is based on a 2,000 respondent OnePoll survey of 21-35 year olds based throughout the UK, conducted in August 2017.