As the average age of first-time buyers continues to rise - the latest figures suggest…
Sunday March 14th marks Mother’s Day in the UK, a chance to say thank you, remember and think of loved ones.
Across the UK there are over 4.6 million mums with dependent children, and in addition it is estimated 6.1 million (39%) of young adults aged 16–34 live with their parents.
Females tend to fly the nest quicker, over half having left home by the age of 23, over 80% by age 26. For young men, the tipping point is later. Over one third live at home aged 26, and even by aged 34 it is estimated 8% of young men, the equivalent to 1 in 12 have yet to fly the nest.
Many young people spent more time with their parents than expected as a result of the COVID-19 pandemic, studying, training and working from home. Source: ONS