Women would prefer home ownership to wedding

Fewer than 4% of women would pay for their wedding over a house deposit.

Women would prefer home ownership to wedding

Just 4% of women would chose to spend money on wedding rather than buying a house, research from Together has revealed.

The specialist lender found that almost 70% of adults would use £17,674 – the average cost of a wedding – as a deposit for a new home instead of paying for their nuptials.

According to the study, women prioritised home ownership more than men, with nearly 10% more females opting to spend the money on a deposit.

Richard Tugwell, a director at Together said: “Home ownership clearly remains a huge priority for the British public, as our latest research demonstrates.

“With the costs of weddings and property rising in comparison to wages over the last few decades, sacrifices inevitably have to be made.

"The results of our survey show the majority of people are choosing to get on the property ladder rather than pay for their big day.”

Together surveyed more than 2,000 adults to find out their views.