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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:
StarfishSandwich · 19/09/2018 19:21

25 with 28 year old fiancé (now DH), last year. Both sets of parents gifted a significant proportion of the deposit. We live in the South East, very few of my similarly aged friends are homeowners.

dimsum123 · 19/09/2018 19:22

Age 26 in 1996, lovely 1 bed flat for £65k. Same flat now would cost £350k!

SazCat · 19/09/2018 19:22

Age 24 in 2005 with partner (now DH). 100% mortgages were around then but we put down 5%. We'd have been better off buying a couple of years earlier without the deposit tbh as the house prices doubled around here from 2000-2005!

incendio · 19/09/2018 19:24

I bought mine this year and I'm 24 but my parents gave us our deposit so wouldn't have been able to for a long time, if ever, otherwise.

NotMyCircusMonkeys · 19/09/2018 19:29

I'm 23 and am currently buying a house - £200k purchase price and have a 15% deposit. DP contributed approx. £6k and my parents gave me £5k towards the deposit.

AngelsWithSilverWings · 19/09/2018 19:36

Age 20 in 1990 I bought - one bed flat for £42000 with a 100% mortgage with an interest rate of 15%. I then couldn't afford to even buy myself a coffee at work and buying clothes was not possible for two years after I bought the flat. It was a mistake and it made me very unhappy for a while.

CyclesPerfecta · 19/09/2018 19:50

31 with DH in 2006. It was a 3 bed ex-council house for £208K in a nice town in the South East. Shortly after we bought it, prices in our area dropped. We nervously waited for 9 years for them to go back up and then sold with a shocking £90K profit. Now we’re in our second house, same town, nicer area and very happy with the choices we made.

user1461609321 · 19/09/2018 20:00

Watching

MazDazzle · 19/09/2018 20:01

When I was 25 (12 years ago) with my DH. We had a joint income of £50K and bought a house for £125K with a 5% deposit. If I remember correctly, there weren’t many hoops to jump through other than saving for the deposit. Within a year, the property went up in value by 20%.

I’ve lived in my current house for the best part of a decade and it’s not gone up in value at all. Recently remortgaged and there were many hoops to jump through!

RussellHobb · 19/09/2018 20:04

18, bought a house by myself for 19k. 90% mortgage and I was earning £3.75 an hour in 1998. Sold it for 4 times that 8 years later.

CramptonHodnet · 19/09/2018 20:04

26, in the 90's, a one bed flat.

RainbowCookie · 19/09/2018 20:09

23 in the late 90s 70k for a 1 bed flat, my company had done well out of the dot com boom and paid out 2 months salary as a bonus so that was my deposit. My big mistake was living there for 5 years I should have sold up earlier and bought somewhere bigger.

lifechangesforever · 19/09/2018 20:09

24

lifechangesforever · 19/09/2018 20:11

Should have added.. bought with now DH but house was solely in my name due to bad credit history.

24 was 6 years ago, we've bought again since then and looking to move again now. Definitely not the age of 100% mortgages - we put 20% down.

tethersend · 19/09/2018 20:12

In April- I was/am 40. Bought with DH.

Only possible due to my mum’s death and the proceeds of her house becoming a deposit.

I’m in London though, which makes a huge difference- we had resigned ourselves to never being able to afford to buy.

Shadowboy · 19/09/2018 20:13

It was When I was 25. My partner was 26 at the time.

seeingdots · 19/09/2018 20:15
  1. I honestly don't think I know anyone of my age (still 30s) who was able to buy a house in their 20s.
A580Hojas · 19/09/2018 20:17
  1. It was a huge mistake because it was in 1988 in London. Flat was in negative equity for 10+ years.

Didn't buy again until I was 36.

Lazypuppy · 19/09/2018 20:21

I was 22 and i bought a flat on my own just after finishing uni

autumn18 · 19/09/2018 20:21

27 (2017)

PinkBuffalo · 19/09/2018 20:22

I bought my first house this year alone. I'm early 30s

Lazypuppy · 19/09/2018 20:22

Oh and this was in 2013

Nacreous · 19/09/2018 20:25

22 (almost 23) in the last 10 years, on my own. 122k for a two bed end of terrace though, so more acheivable than lots of areas, and my grandparents have me half my deposit. Would have been 24-25 without that.

iLoveSpaDays · 19/09/2018 20:32

21, 3 bed semi detached

SassitudeandSparkle · 19/09/2018 20:40

Jointly bought a property when we got married, I was 23.