Property ladder target now youngsters in their 20s - A&L

Despite higher levels of student debt, lower earnings and the pressure to build larger deposits, people between the age of 20 and 29 are still most likely to buy property within the next two years, suggests the study, as one in five (20%) hope to buy – a higher percentage than in any other age group. This is also despite evidence indicating the average first-time buyer is now 34, so A&L argues the next generation of first-time buyers are likely to be younger. According to the research conducted by RSGB Omnibus, of the 3850 people asked around 17% of those in their 30s intend to buy pr...