Homeowners: Sons And Daughters

MORI undertook a survey of home-owning parents with adult children (aged 18 to 29 years) for the Joseph Rowntree Foundation (JRF) in March 2004. The objective of the research was to look at homeowner perceptions of the housing needs of their adult sons and daughters, and to assess their attitudes towards giving them financial support.

16 June 2004

Details of the survey and the main findings can be found on the JRF website: www.jrf.org.uk

Technical details

Questions were placed on two waves of the MORI Omnibus -- each with a representative sample of around 2,000 adults aged 15 and over. Among the 2,890 homeowners interviewed, 561 respondents were identified with adult children.

Topline Results

Interviews conducted face-to-face with 4,098 respondents aged 15 and over on two waves of the MORI Omnibus
Joseph Rowntree Foundation section conducted with homeowners only (2,890)
Unless otherwise stated, results are based on all homeowners with adult children aged 18-29 (561)
Fieldwork conducted between 11-16 and 25-30 March 2004, across 208 and 200 constituency based sampling points in Great Britain
Data are weighted to the population profile
Where figures do not add up to 100, this is due to multiple coding or computer rounding

Q1 Can I just check, do you have - that is, are you the (step)-parent or guardian of - any children aged 18 to 29 years, whether they are living with you in this household or not? IF YES: How many do you have?Base: All homeowners (2,890)

	%
Yes, child/ren aged 18-29:	18
1	9
2	7
3	2
4	0
5	0
6	0
7	0
8	0
9	0
No, no children aged 18-25	80
Don't know	1

Q2 What accommodation is/are this/these child/ren currently living in?Base: All with adult child/ren aged 18-29 (561)

	%
Live here (in this household)	48
Owner occupier:	33
Outright	4
with mortgage	29
Rent from:	30
private landlord	25
local authority	6
housing association	1
Other	15
Don't know	1

Q3 How likely do you think it is that this child ... a) and b) to buy their own home in the future -- say, in the next ten years?Base: All with at least one child at home, renting or other (447)

	a) will want	b) would be able ... without any parental financial support from you
	%	%
Very likely	60	22
Fairly likely	25	23
Not very likely	9	35
Not at all likely	4	17
Don't know	2	3

Likely	85	45
Not likely	13	52
Net likely	+72	-7

Q4 And if this child wanted to buy their own home in the future, say, in the next ten years, how likely do you think it is that you would be... to give them financial support?Base: All with at least one child at home, renting or other (447)

	a) able	b) willing
	%	%
Very likely	17	31
Fairly likely	38	42
Not very likely	23	11
Not at all likely	17	9
Don't know	4	6

Likely	55	73
Not likely	40	20
Net likely	+15	+53

Q5 Would you be likely to give this financial support as a loan and/or gift?Base: All with at least one child at home, renting or other, and homeowner likely to be able and willing to give financial support (211)

	%
Gift	69
Loan	29
Don't know	9

Q6 How much in total is this financial support likely to be?Base: All with at least one child at home, renting or other, and homeowner likely to be able and willing to give financial support (211)

	%
Under 1635,000	12
1635,000-16310,000	26
16310,000-16325,000	11
16325,000-16350,000	5
16350,000-163100,000	3
163100,000+/as much as needed	1
Don't know	41

Mean	16317,160

Q7 How likely do you think it is that giving this financial support would involve you changing the financial arrangements on your own home -- that, re-mortgaging, new loan or equity release?Base: All with at least one child at home, renting or other, and homeowner likely to be able and willing to give financial support (211)

	%
Very likely	8
Fairly likely	14
Not very likely	21
Not at all likely	53
Don't know	4

Q8 How likely do you think it is that you giving this financial support would enable your child to be able to buy their own home in the future -- say, in the next ten years?Base: All with at least one child at home, renting or other, and homeowner likely to be able and willing to give financial support (211)

	%
Very likely	38
Fairly likely	50
Not very likely	7
Not at all likely	2
Don't know	4

Q9 How likely do you think it is that you would be willing and able to give similar financial support to (all) your other child/ren to buy their own home in the future -- say, in the next ten years?Base: All with at more than one child at home, renting or other, and homeowner likely to be able and willing to give financial support (117)

	%
Very likely	38
Fairly likely	43
Not very likely	5
Not at all likely	7
Don't know	8

Q10 What do you think the options are for this child in the future - say in the next ten years?Base: All with at least one child at home, renting or other and homeowner not likely to be able or willing to give financial support (236)

	%
Buy	53
Buy own home, with:
mortgage / loan	36
financial support from other family / friends	3
other person / people	12
Buy own home when their financial circumstances change	7
Buy cheaper home	3
Rent from:	29
private landlord	23
local authority	6
housing association	7
Live with:	14
parents	12
other relatives / friends	2
Get job with accommodation ("tied")	4
Other	7
Don't know	12

More insights about Culture

Society