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UK has ‘housing gender gap’

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A gender gap has emerged between men and women in the UK, according to research by Halifax.

The lender studied the housing habits of men and women across the country and found that single women (62%) were far more likely to be homeowners than single men (53%).

Males across the country have a preference for renting with 21% in private rented accommodation, nearly double the number of females.

Of homeowners, UK men are more likely to be purchasing with a mortgage with women tending to buy their homes outright.

Men remain most confident about the future of the housing market with 42% expecting a rise in house prices during the next twelve months, compared with just one third of women surveyed.

Elsewhere, 43% of women aged between 20 and 45 years old have the desire to own a home but feel that they are unlikely to be able to afford it, compared to a much lower level of similarly aged men (34%).

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