Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Strategy. Read the original article for full details.

Majority of Young UK Buyers Expect Negative Equity, Survey Finds

A new survey has found that more than half of recent UK homebuyers aged 25-34 believe they are likely to experience negative equity during their mortgage term. The research, commissioned by Boon Brokers, surveyed 1,000 homeowners who purchased within the past five years.

According to the findings, 56% of respondents in the 25-34 age group felt it was likely they would go into negative equity at some point. Across all age groups, 91% of recent homebuyers expressed concern that the equity in their property could reduce, with 47% describing themselves as either “very” or “extremely concerned.” Only 9% of those surveyed said they had no concerns about their property equity.

When asked about their single biggest concern regarding the current housing market, 33% of recent homebuyers identified higher mortgage repayments as their top worry. Negative equity was the second most common concern at 24%, followed by falling property values (14%), being unable to remortgage (11%), and difficulty selling a property (9%).

These findings highlight the growing anxiety among younger buyers about the risks associated with property ownership, particularly in relation to equity and mortgage repayments. For letting agents and inventory clerks, these concerns may influence tenant demand, property turnover, and the types of properties that are most attractive to younger renters and buyers.