An online survey of 2,012 people, including 776 non-homeowners, by Post Office Mortgages, found 36% of young men were planning to buy a home in the near future compared with 32% of women.
Of those women surveyed, 46% said they would happily forego buying new furniture and appliances if it allowed them to buy their first home, compared with just 33% of men. However, young men were happier to move away from friends to get into the property market with 33% saying they would make this compromise compared to 21% of women.
Overall, enthusiasm for the property market among 18 to 34-year-olds has increased, the research revealed. Of those surveyed, 34% said they were committed to buying a property in the near future, a significant increase from last year when the number was about 20%.