You are here: Home - News -

Average age of first-time buyer rises from 30 to 34

  • 10/02/2003
  • 0
Figures from the Office for National Statistics have revealed the age of first-time buyers in the U...

Figures from the Office for National Statistics have revealed the age of first-time buyers in the UK today is 34 ‘ up from 30 in 1974. This has further increased to 36 in the South East and East Anglia. The average first-time buyer paid £85,000 in 2001 compared with £141,300 in London and £53,100 in the North East. Some 40% of buyers were first-time buyers in 2001, compared with 54% in 1994.


There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.

Read previous post:
Network chooses portal for its members

IFA network, The Tenet Group, has selected The Exchange's Officeweb and Exweb portal to be integrate...