The exact split depends on how you measure the market (mortgages vs all purchases, full year vs monthly snapshot), but the UK picture is broadly consistent:
📊 Latest indicative splits (2024–2026 data)
-
First-time buyers:
- ~55%–60% of buyers in many recent datasets
- Up to 67% of mortgaged buyers in some datasets
-
Home movers (existing owners):
- Roughly 30%–40% of buyers
- Around 19% of mortgaged buyers in one 2024 dataset
- About 31% of the mortgage market overall in 2023–24
🧮 Simple way to think about it
For a typical recent UK market snapshot:
- First-time buyers: ~55–60%
- Home movers: ~30–40%
- (Remaining share = remortgages / investors depending on dataset)
⚠️ Why the percentages vary
- Mortgage data vs total transactions: First-time buyers dominate mortgage stats more heavily.
- Market conditions: When rates are high, fewer existing owners move → first-time buyer share rises.
- Region: In places like London, first-time buyers can be closer to ~50% of purchases
📌 Bottom line
Right now, the UK housing market is unusually first-time buyer–heavy, with them making up the majority of buyers, while home movers are a smaller (but still significant) minority.
If you want, I can break this down by London vs rest of UK or show how the split has changed over time.
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