28th March 2008
UK property investment is a key priority for the majority of Britons under the age of 30, it has been suggested.

Juggling their investments and savings in order to get onto the property ladder is important to 57 per cent of 18 to 29-year-olds who claimed UK property investment before their 30th birthday is a realistic goal, Alliance & Leicester said.

The provider of UK mortgages found that other key goals for people younger than 30 include getting married and becoming a parent.

Commenting on the findings, Richard Taylor of Alliance & Leicester said the landmark age of 30 is viewed as a deadline for many major life events.

UK property investment is desirable for the majority of Britons, according to the spokesperson, adding that people prefer doing this earlier in life.

"Even in an uncertain housing market we're seeing those under the age of 30 feeling confident and optimistic about the prospect of getting onto the property ladder before they say goodbye to their 20s," Mr Taylor commented.

Last month, NatWest claimed that around four million Britons intended to make a UK property investment before they turned 25.

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