In the United Kingdom, those individuals buying homes for the first time have come to increase the percentage of the mortgage pool throughout the UK. As the economy has picked up after the 2008 global recession, many young people are looking towards saving and buying their first home. This has been a net positive for the British economy as national sentiment regarding the economy has shown a general increase over the past years in the country.

Read more: First-time buyers increase share of UK mortgages – Financial Times