According to a research conducted by UCB Home Loans, around two-thirds of young Britons want to buy a house when they are 25 to 30 years old. The rest of the respondents want to buy a house outside the UK.

70% of the people in the UK own a house. According to Keith Astill, managing director of UCB Home Loans, many of the respondents might not be able to buy a house when they are between 25 and 30. The good thing is that many respondents of the survey who want to buy a property abroad are likely to achieve what they are wishing for.

The survey reveals that 92% of students believe that they will be able to buy a house, whereas only 87% of those who are already working believe that they will achieve this. Almost half of the respondents believe that the price of their house will not be more than £150,000 which is very close to the average house price in the UK.

UCB Home Loans is a subsidiary of Nationwide Building Society. It is a mortgage company for self-cert mortgages in the UK.

For More Information: Online Secured Loans