The Average First Time Buyer Age Rises

Published: 25 May 2018

According to the Royal Mail: "Average first time buyer age risen by eight years since 1960s 53 per cent of would-be buyers not on property ladder think they will never afford to buy a homeHalf of 25-34 year olds need a lump sum or better paid job to fund deposits.

The average age of a first time buyer has been increasing steadily since the 1960s and new research from Post Office Mortgages has revealed that 35 is the average age that a prospective homebuyer now expects to be before joining the property ladder."