The Women’s Budget Group (WBG), a feminist think tank, told Metro that the earnings gap where women take home 29% less than men means home ownership isn’t an option for many.
According to WBG research, shared with Metro, women need over 11 times their annual salaries to be able to buy a home in England, while men need just over eight times.
Likewise, data from Fairview Homes shows that women are 68% less confident that they’ll be able to purchase their own home in the next two years than men (53%).
Meanwhile, figures from Mojo Mortgages find that women need to save nearly four times as long as men to afford a deposit for their first home.
Women are also statistically less likely to buy a home with a friend than men – 23% compared with 36%.
