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What Would You Do with a Gifted Deposit?

Almost everyone wants to own their own home but did you know men are less likely than women to want to buy?

We surveyed 150 adults from the age 25 to 34 asking them what they would do if they were handed enough money that they could put down a deposit on a property.

• I would buy a property67%
• I would buy a car11%
• I would spend it on travelling12%
• I would use it for living costs6%
• I would invest it in shares/stocks3%
• None of the above1%

We then broke down the statistics further between genders and found that your choices varied if you were male or female.

• I would buy a property
• I would buy a car
• I would spend it on travelling
• I would use it for living costs
• I would invest it in shares/stocks
• None of the above

Just 52% of men would indeed go ahead and buy a home, compared to 72% of women. 

Men would be 12 times more likely to invest their windfall into the stock market and 2.5 times more likely to blow it on a new car. 

Women are keener to spend the money travelling, with 13% happy to spend it on a mega-holiday versus 9% of men surveyed.

Now, we ask, how would you spend a gifted deposit? Would you get a house or spend it on that dream holiday? We're very keen to know!

Jonathan Rolande

Authored by Jonathan Rolande

Jonathan Rolande began in the property industry in 1987 and has extensive knowledge of the property buying sector. Jonathan is also an avid supporter of greater regulation in the industry. Founding the National Association of Property Buyers to offer essential information to property sellers.

Last updated on 30/10/2018 by Jonathan Rolande.

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