95% of teenagers are planning to become homeowners, according to a survey by IFA Promotion, the lobbying group for Independent Financial Advisers.
Half of teenagers believe that they will buy their first property with their partner, while 29% of males and 20% of females say that they intend to own more than one property. 50% of the teenagers questioned said that they would ask their parents for advice on mortgages and buying a property, while fifteen per cent said that they would get specialist advice from a financial adviser.
Our view
Children are taught values by their parents. As we are principally an owner/occupier nation, these results are expected.