Over 60s control over half of all UK owner-occupier housing wealth, under 35s have 6% | Today's Wills and Probate

Over 60s control over half of all UK owner-occupier housing wealth, under 35s have 6% | Today's Wills and Probate

Owner-occupiers aged 60 and over now hold a record estimated £2.89 trillion of net housing wealth in homes – more than half of all owner-occupier wealth in the UK – according to the latest assessment of housing wealth from property firm Savills. Those over 75 control almost a quarter (23%), with under 35s owning just 6%. The ‘boomer’ generation is also unlikely to sell up and move: despite the age group making up almost half of all homeowners (4…