Divorce Rates Affecting Prices

‘The Times examines the correlation between couples divorcing in their 50s and 60s and the rise in house prices.

Experts have suggested that older people who separate are driving up the housing market by buying up flats and small houses for their new single life.

Recent research has shown that 23,083 couples aged 50-59 were divorced in 2011, compared with 22,437 the year before. The rise among the over-60s is even more dramatic. Last year 9,439 aged over 60 were divorced – a 43% rise within a decade.’

Source: The Times

Myfanwy Neville

Partner: Property and Construction, Sustainability and ESG

T +44 (0)20 8922 9376
E Myfanwy.Neville@bkl.co.uk

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