9 May 2025
Average Age of a First Time Buyer in the UK
The average age of a first-time buyer in the UK is 33 years old, this is two years older than 10 years ago when the average age was 31 years old.
This of course is understandable with managing the cost-of-living and challenges within the economy such as high interest rates making it difficult to get onto the property ladder.
The area in which buyers are looking has a big impact on age. In 2024, the average age of those buying their first property in Yorkshire and Humber was 29 years old, whereas London the average age was 33 years old. Specific areas differ, for example, Sutton in South London and Slough, Berkshire, the average age was higher at 38 years old.
However, it’s not all negative news, in fact quite the opposite. There was a total of 341,068 first-time buyers in the UK last year which is a 19% increase from 287,060 the previous year in 2023.
The average nationwide property price for a first-time buyer in 2024 was £311,034 which was an 8% increase from £288,136 from 2022.
Below are the average ages of first-time buyers over time, and by region:
| Year | Average age of first-time buyer outside of London |
| 2024 | 33.5 |
| 2023 | 33 |
| 2022 | 33.4 |
| 2021 | 32.1 |
| 2020 | 31.8 |
| 2019 | 32.1 |
| 2018 | 32.6 |
| 2017 | 33.1 |
| 2016 | 32.3 |
| 2015 | 32.5 |
| 2014 | 31.8 |
| Age | Region |
| 33 | East Midlands |
| 33 | London |
| 32 | East Anglia |
| 32 | North West |
| 32 | Scotland |
| 32 | South East |
| 32 | South West |
| 32 | Wales |
| 32 | West Midlands |
| 30 | North England |
| 29 | Yorkshire & Humber |
Despite first-time buyers being older, TSB has reported that more people are getting on the property ladder without the need for financial help.
Sources: This is Money, Mortgage Introducer, Finder.
Recent posts
Delayed Start Mortgage from Skipton
6 days ago
Skipton Building Society launches ‘Delayed Start’ mortgage meaning first time buyers won’t be required to make repayments for the first three months.
According to a survey by Skipton, first time buyers who bought their home in the last five years found that in the first three months of living there, they were spending upwards of £30,000.
Gardening Tips for Beginners
11 days ago
If you have recently moved into a property with a garden that requires a little TLC, or you’d like to get on top of your current green space, check out our tips.
The Family-Backed Mortgage from NatWest
14 days ago
High street lender, NatWest, have launched a new product to help first-time buyers purchase a property with assistance from a family member or friend to get them on the property ladder sooner.
The Impact of Klarna on Mortgage Applications
15 days ago
‘Buy Now, Pay Later’ (BNPL) schemes, such as ‘Klarna’ are short-term loans that allow shoppers to make a purchase, but delay paying for it for an agreed amount of time.
Klarna is one of the most popular BNPL services with 18 million customers in the UK alone, and offers interest-free payment options which is appealing to shoppers. However, does it affect a mortgage application?
Buy to Let mortgages: what's happening?
20 days ago
We look at how to get the best Buy to Let mortgage rate, what's in store going forward, and options as a landlord with increasing costs.
UK mortgage rates following Trump’s Tariffs
14 Apr 2025
Throughout this past week, lenders have continued to reduce their mortgage rates giving borrowers in the UK some welcome news following the change in global tariffs under US President, Donald Trump.
Effective ways to relieve stress
14 Apr 2025
Did you know that buying a house, or relocating is in the top 10 most stressful life events?
Stress of course is an unavoidable part of life and there are many reasons why people experience stress, not just buying a house!
There are lots of effective ways to manage and reduce stress, check out our tips to help you.
With the stamp duty relief ending in England and Northern Ireland, we have listed the top 10 cheapest areas for first-time buyers as published by Rightmove.
More information
Trusted by
