Average age of first-time buyer heads towards 40

Professional Adviser

Future first-time buyers will either have to be more reliant on their parents to get onto the first ...

Future first-time buyers will either have to be more reliant on their parents to get onto the first rung of the housing ladder or be heading towards their forties before they finally buy a property, suggests the Council of Mortgage Lenders and ONS results. Figures released by the Office for National Statistics this week revealed the age has increased from 30 in 1974 to an average of 34 across the UK, increasing again to age 36 in the South-east and East Anglia. Given the impact student debt is likely to have on individuals in the future - if they leave university of up to £21,000 ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes



Already a Professional Adviser member?


More on uncategorised

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •

Police launch investigation into mortgage middleman fined £1m

West Midlands Police have launched a fraud investigation into a Birmingham financier over his role in sale and rent back agreements.

clock 25 June 2013 •