Buy-to-let focussed marketplace lender, Landbay, has been crunching the numbers and found that just 42% of tenants are interested in buying in the near future.
According to a study of 2,000 private renters in the UK, older renters are the least interested in buying a home. Only 13% of over 55s are interested in buying a home in the near future. Less than half (46%) of those 35-44 are interested, whilst millennials (aged 25-34) are leading the charge for home ownership, with almost two thirds (64%) keen to buy in the near future.
Purplebricks Group plc (LON:PURP) engages in estate agency business in the United Kingdom, it provides services relating to the sale & lettings of properties.