The number of first-time homebuyers in the United Kingdom (UK) fell for the second year in a row in 2023, after peaking during the coronavirus pandemic. Over 293,000 people bought their first home in 2023, down from 405,000 in 2021. That was the lowest figure observed since 2013. Homebuyer sentiment also deteriorated markedly during that period.
Total number of first-time homebuyers in the United Kingdom (UK) from 2009 to 2023
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Lloyds Banking Group. (January 31, 2024). Total number of first-time homebuyers in the United Kingdom (UK) from 2009 to 2023 [Graph]. In Statista. Retrieved January 23, 2025, from https://www.statista.com/statistics/557862/total-first-time-buyers-united-kingdom/?__sso_cookie_checker=failed
Lloyds Banking Group. "Total number of first-time homebuyers in the United Kingdom (UK) from 2009 to 2023." Chart. January 31, 2024. Statista. Accessed January 23, 2025. https://www.statista.com/statistics/557862/total-first-time-buyers-united-kingdom/?__sso_cookie_checker=failed
Lloyds Banking Group. (2024). Total number of first-time homebuyers in the United Kingdom (UK) from 2009 to 2023. Statista. Statista Inc.. Accessed: January 23, 2025. https://www.statista.com/statistics/557862/total-first-time-buyers-united-kingdom/?__sso_cookie_checker=failed
Lloyds Banking Group. "Total Number of First-time Homebuyers in The United Kingdom (Uk) from 2009 to 2023." Statista, Statista Inc., 31 Jan 2024, https://www.statista.com/statistics/557862/total-first-time-buyers-united-kingdom/?__sso_cookie_checker=failed
Lloyds Banking Group, Total number of first-time homebuyers in the United Kingdom (UK) from 2009 to 2023 Statista, https://www.statista.com/statistics/557862/total-first-time-buyers-united-kingdom/?__sso_cookie_checker=failed (last visited January 23, 2025)
Total number of first-time homebuyers in the United Kingdom (UK) from 2009 to 2023 [Graph], Lloyds Banking Group, January 31, 2024. [Online]. Available: https://www.statista.com/statistics/557862/total-first-time-buyers-united-kingdom/?__sso_cookie_checker=failed
