Young people more at risk of burglary

Published on

18% of young people aged between 25-34 say that they have had their home broken into in the past five years, compared to just 6% of the overall UK population, according to new research from Ocean Finance.

52% of those who have been the victims of a break in during the past five years moved house as a result, increasing to 63% of 25-34 year olds.

However, only 2% of people over 55 say that they have had their homes burgled in the past five years, making young people nine times more likely to have their homes broken into than the over 55s.

Overall, 64% of UK adults say that they always feel safe in their own homes. But amongst young people aged 18-24 this drops to 55% and for those 25-34 the figure is 53%.  The figure for those aged 55 is 73%.

The research found that homeowners tend to feel safer in their homes than tenants, with 69% of owners saying that they always feel safe at home, compared to 57% of renters. This is despite the fact that 3% of tenants say they have been burgled in the past five years, compared to 8% of owner-occupiers.

London is the region with the highest number of burglaries, with one in 10 saying they been a victim in the past five years. By contrast the proportion in Scotland and Northern Ireland is 4%.

Ian Williams of Ocean Finance, said: “The vast majority of people feel safe at home most of the time and property crime is still comparatively rare. Ironically, people who rent tend to feel less safe at home, although they are, in fact, less likely to suffer a break in.

“Overall, younger homeowners, particularly in urban areas, are far more likely than any other group to be burgled.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

[tds_create_account btn_bg_h="#000000" f_text_font_family="global-2_global" show_version="" tdc_css="eyJhbGwiOnsiYm9yZGVyLXJhZGl1cyI6IjUiLCJkaXNwbGF5IjoiIn19"]

Latest articles

FCA bans former law firm manager over £28m client money case

The FCA has banned a former law firm manager from working in financial services...

National Friendly expands adviser proposition with term assurance launch

National Friendly has moved further into the protection market with the launch of Friendly...

Nationwide names Richard Walker to lead intermediary sales and new-build business

Nationwide has appointed Richard Walker as head of intermediary sales and new build, bringing...

Saffron says brokers should look beyond labels on complex mortgage cases

Borrowers with non-standard incomes, unusual properties or international circumstances should not automatically be treated...

Walsham Brothers expands adviser reach with Paradigm Protect panel deal

Walsham Brothers has added Paradigm Protect to its growing list of distribution partners as...

Latest publication

Other news

Getting to know you: Sam Lindsay, My Mortgage Angel

Name: Sam Lindsay Age: 48 Location: Essex Firm: My Mortgage Angel Interests: Helping people on their homebuying...

FCA bans former law firm manager over £28m client money case

The FCA has banned a former law firm manager from working in financial services...

National Friendly expands adviser proposition with term assurance launch

National Friendly has moved further into the protection market with the launch of Friendly...