Barclays: UK average homebuyer deposit falls 16.4% year-on-year in May

  • Barclays Property Insights flagged stable UK housing sentiment in May, with confidence at 26% versus 23% in April.
  • Average deposit fell 16.4% year-on-year to GBP 57,209 in May; London dropped 27.2% to GBP 136,057.
  • Affordability remained the main constraint for renters; 37% cited deposits, 36% high house prices, 16% monthly mortgage payments.
  • Gen Z prioritised price; 21% would move more than 25 miles for affordability, with 25% unable to buy in their preferred area.
  • Transaction friction rose; 88% reported completion delays, with the offer-to-completion timeline up 21.7% year-on-year; remortgages rose to 40.6% of completions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barclays plc published the original content used to generate this news brief on June 23, 2026, and is solely responsible for the information contained therein.