First time buyers average age has risen by seven years since the 1960s, survey finds

According to the data and research on the demographics of first-time home buyers today, the findings may seem a little worrying. Apparently the average first-time buyer today is seven years older than they were in 1960, and today’s buyer requires as much as £20,000 for a deposit or down payment. Additionally, first-time buyers today are far more likely to be purchasing homes while in relationships with another person rather than being married with only 27 percent of buyers being married today as opposed to 84 percent of buyers being married in 1960.