US EditionGrowing Number of Women Buying Homes on Their Own - but Face Financial Barriers
UNITED KINGDOM, AUG 7 – Skipton Building Society data shows 11.5% more solo mortgage applications from women than men in 2024, driven by financial security and independence, with challenges in saving for deposits.
- A growing number of women plan to buy homes on their own, with 37% intending solo purchases compared to 35% with partners.
- This trend results from shifting life milestones like delayed marriage and parenthood, causing more people to buy alone rather than as couples.
- Skipton Building Society's research reveals solo female buyers face challenges such as saving a deposit, securing mortgages without second incomes, and handling unexpected costs alone.
- Jen Lloyd explained that although individuals purchasing homes on their own show strong determination, they encounter many unique obstacles, with more than half expressing concern about financial pressure if their income changes unexpectedly.
- Skipton Building Society developed the Track Record Mortgage to support renters who are financially prepared but unable to meet traditional deposit criteria, and emphasizes the need for increased awareness and mortgage options designed specifically for solo buyers.
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Hull Daily MailReposted by 
Grimsby Telegraph
Grimsby TelegraphGrowing number of women buying homes on their own - but they face barriers
Skipton Building Society has launched a new mortgage product with no deposit, after research found that almost four in ten women plan to buy a home independently
·Hull, United Kingdom
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Skipton's no-deposit mortgage targets growing number of women buying homes alone - The Mirror
New research from Skipton Building Society shows the number of women looking to buy a property alone is now more than those intending to buy with a partner - and their new mortgage could make it easier.
·London, United Kingdom
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Coverage Details
Total News Sources12
Leaning Left3Leaning Right2Center2Last UpdatedBias Distribution43% Left
Bias Distribution
- 43% of the sources lean Left
43% Left
L 43%
C 29%
R 29%
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