This work was carried out for the Council of Mortgage Lenders to study who owes owner-occupied housing wealth, and the implications for bequest and inheritance of housing wealth.
It used estimates derived from the Survey of English Housing and official household projections to study the present number of older owner-occupiers and the value of the dwellings they own, and how the number is likely to increase in future years. It used deaths in future years as assumed in official projections of the population and proportions of owner-occupiers to estimate the number of estates with house property and the value of this property.
Prospects for UK Housing Wealth and Inheritance
Prospects for UK Housing Wealth and Inheritance was published by the Council of Mortgage Lenders in July 2008.
