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Original poster

At what age did you buy your first house/property?

198 replies

floatinglilly10 · 19/09/2018 18:18

Just that really....

I am hoping to buy a property this year with my DP, we have found it difficult and I have been trying not to compare myself with other friends who purchased their house in their early 20's! I am very proud of what we have achieved so far and I know that it is not always an attainable or in fact desired goal for everyone.

I am 30 and my DP is 25

I guess this is just a nosey thread, please do not answer if you do not feel comfortable doing so!

OP posts:
ItsJustTheOneSwanActually · 19/09/2018 18:33

21

55k for a one bed flat Grin

My Dad lent me the 5% deposit interest free, bless him.

redfairy · 19/09/2018 18:33

19 back in 1986. 100% mortgage at a 7% interest rate. It rocketed to 13% within the year. It may have been easy to get the mortgage but it was a darned sight harder paying it.

NicoAndTheNiners · 19/09/2018 18:34

And yes I bought it on my own. Things were a bit tight because I think after tax I had about £700 a month income. But I was happy to be quite frugal and got a lodger for a bit.

afrikat · 19/09/2018 18:35
  1. DH was 31. Only possible with a loan from FIL for the deposit
user1471438671 · 19/09/2018 18:37

Three weeks before my 30th birthday, by myself although I was gifted 75% of the deposit. If I hadn't had that gift, I would still be renting (south east). In 2017.

mummadave · 19/09/2018 18:37

18, 6 bed end of terrace for me and my friends to live in at university.
I got A LOT of help from my parents tho.

Magik1 · 19/09/2018 18:39

25 y.o on my own 20 years ago after much nagging from my dad for months. 3 bed house for 110k in Greater London. I borrowed the 5% deposit from friends. Good thing I listened in the end.

SaffyLoo · 19/09/2018 18:40

5 years ago with dh and i was 23

Used help to buy which helped massively as only needed 5% deposit and as payments were comparatively low we overpaid so we could then remortgage to give back that 5%

Chrisinthemorning · 19/09/2018 18:40

25, 2 years after Uni- early 2000s. My parents gave me the deposit.

CarlGrimesMissingEye · 19/09/2018 18:40
  1. A flat with my now ex.
Pebblesandfriends · 19/09/2018 18:41

22

PickAChew · 19/09/2018 18:41

Thst House is worth 4 times what I paid for it, in the 90s, now.

AvonCallingBarksdale · 19/09/2018 18:44

27, so was DH. 1 bed flat in lovely part of north London. £95K with £5K given to us by parents for a deposit. Even then I knew I should have bought earlier. Doubled in price in 4 years.

FrowningFlamingo · 19/09/2018 18:44

About 24. But although our parents didn’t directly give us money for the house they helped us massively financially with other things like uni and our wedding. So we couldn’t have done it without them - no point comparing ourself to others really, there’s so many variables.

GetOffTheTableMabel · 19/09/2018 18:44
  1. In 1998. Bought with my now DH, but I paid all of the 5% deposit which I think was £8k. I remember prices in that bit of south London were rising so fast that we were terrified that the seller would ask for more money. I cannot imagine our dds managing to do something similar in their 20s unless we fund their deposits.
Sandstormbrewing · 19/09/2018 18:45

26 when our offer was accepted, 27 when we completed on the purchase as the vendor pissed around for 6 months.

LemonysSnicket · 19/09/2018 18:45

I don't have a chance in hell, until I'm around 35. Luckily DP bought ours aged 22.
Inheritance, the great divide.

PestoSurfissimos · 19/09/2018 18:46

23

Taffeta · 19/09/2018 18:47

I bought on my own

Sold flat for profit and bought house

Made double on house when sold that, after having rented it out and moved in with DH

POPholditdown · 19/09/2018 18:47

25 (28 now). It was hard, I was on a basic salary but I lived like a caveman until I saved enough (took 2 years) and got a mortgage on the longest term possible to be able to borrow enough.

Sorry10 · 19/09/2018 18:48

19 but it was 100% mortgage and was 32k at the time. I don't know how any first time buyers can afford to get on the property ladder these days.

SecretWitch · 19/09/2018 18:50

Age 27, 5% down, mostly wedding gift money, parents made up rest of amount.

LemonysSnicket · 19/09/2018 18:50

It's crazy all these buyers earning less that 1k a month!!!

Luxembourgmama · 19/09/2018 18:51

36

eurochick · 19/09/2018 18:52
  1. It was in the early 2000s so a bit easier than now but still a big leap of faith.