Monday, September 26, 2011
The bank of mum and dad open as usual
While the average age of a first-time buyer in the UK is 29, there is almost a decadeâ€™s difference between some areas of the country, according to new research from Halifax. The youngest first-time buyers (aged 25) are in Selby in North Yorkshire; the oldest first-time buyers (34) are in Harrow in London. 84% of FTBs under 30 had help with their deposit in 2010 compared with only 38% in 2005.