The average age of the first-time buyer currently stands at 29, according to research from Halifax, but regional house price differences mean locations can be almost a decade adrift, when it comes to the age at which people buy their first homes. The UK’s youngest first-time buyers are to be found in Selby in North [...]
average age
Home ownership goal stretched to aged 38
Brits with property-owning ambitions don’t expect to be able to buy their first home until aged 38, or 43 for Londoners, according to new research from moneysupermarket.com. With only 1,581 home loans currently available to first-time buyers (compared with 14,940 in July 2007) the average loan-to-value ratio stands at 77%, meaning new buyers aiming for [...]
