British youth would like to become homeowners.
Most 16-21 year-olds would like their own home, the majority would like it to be overseas.
These are the latest findings of UCB
Home Loans, the
mortgage lender of Nationwide.
Two thirds of British youths believe they will buy their first house between 25 and 30.
But there could be disappointment further down the line.
Nearly a third of British youth would like to move abroad one day.
The Office of National Statistics shows that in 2004 alone, the last year we have statistics available for, 208,000 British people moved abroad.
However, youth tend to have a wait in reality to get a footing on the housing ladder.
The average age of the
first time buyer is 34 and the spiralling house prices are accountable for the delay.
