Nettob owner-ocupier apartment assets from over-60s across Great Britain

According to an estimate of a real estate company, more than half (56%) of the owner of the owner across Great Britain have been located in Great Britain.

Savills, who carried out the calculations, also estimated that almost a quarter (23%) of ownership make up for the 75s, while they last 6%under 35.

The company estimated that owners' occupiers between the ages of over 60 at the age of over 2.89 trillion pounds keep net assets in houses.

However, the over 60s are not completely debt -free. Savills calculated that they still have a total of 60 billion GBP mortgage loans – and corresponds to 2% of the total value of their houses.

Older homeowners make relatively high concentrations of homeowners in the southwest and Wales and London, said Savills.

Lucian Cook, head of residential buildings at Savills, said: “In the past 10 years, debts have become a less important part of the value of the country's value of the country's residential stock, with more and more equity focusing on older homeowners and investors.

“The baby boomers have continued to build up prosperity after they have paid their mortgage debts, and Generation X has worked hard to achieve the same goal. In the meantime, generations and z had much less opportunity to work out the apartment manager profitably.”

Mr. Cook said that the provision of more age accommodation together with others in order to make the reduction is more appealing are “fundamentally important”.

He added: “Such measures would help to unlock urgently needed family accommodation and equity with which younger generations can enter into the home manager and exchange them.”

Savills used various research sources, including numbers from HM Revenue & Customs (HMRC), folk counting data and the English apartment survey.

Here you will find Savills' calculations that show the estimates of the Nettob owner-Occupier living ability of the over 60s in Great Britain:

Southeast, 603 billion pounds

London, £ 400 billion

East of England, £ 354 billion

Southwest, £ 326 billion

Northwest, 234 billion pounds

West Midlands, £ 212 billion

Scotland, £ 186 billion

East Midlands, £ 178 billion

Yorkshire and The Humber, £ 169 billion

Wales, £ 106 billion

Northeast, 64 billion pounds

Northern Ireland, £ 54 billion