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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:
TeeBee · 20/09/2018 14:20

28 and mortgage paid off by 30.

TeeBee · 20/09/2018 14:21

Oh, and I'm currently 45. Not a penny of parental help here but it was in the days of 100% mortgages.

A580Hojas · 20/09/2018 14:22

Medal for TeeBee.

RiddleyW · 20/09/2018 14:22

Ok I can’t resist asking. How did you pay off a 100% mortgage in two years? Incredible salary? Lottery win?

TallulahBetty · 20/09/2018 14:24
  1. 12 years ago. Right before the crash.
SassitudeandSparkle · 20/09/2018 14:26

It might be relevant to ask how many years you'd been working for before buying a house. Seven, in my case.

snop · 20/09/2018 14:34

21

happyhappycarcar · 20/09/2018 14:53

2013 and I was 32 going and purchased it jointly with my partner in a up and coming part of Surrey. It wasn't stunning but we did loads to it. Stayed 5 years and sold it on for profit.

Tinty · 20/09/2018 14:59

I was 20 and single when I bought my first flat. I had been saving for it since I was 14 Grin.

NotTired · 20/09/2018 15:10

20, in 2012 with my now DH who was also 20. Paid £110,500 with a 10% deposit. No help from parents.

Ilovewillow · 20/09/2018 15:13

I was 21 and my then boyfriend was 20 but in fairness you could pretty much walk in and ask for a 100% mortgage and it was granted. We lived in a cheaper area too so were able to buy a great house for £60,000 and make a good profit too. That was 25ish yrs ago and it not the case now!

WobblyLondoner · 20/09/2018 17:39

I bought at 29 in London, on my own. One bed flat, £65k. No parental help, had saved up 5% deposit. Had been working for about 4 years. The interest rate was 4.99% I remember.

I think the key question is when people bought rather than how old they were.

WobblyLondoner · 20/09/2018 17:40

Ps this was the mid1990s.

Singlenotsingle · 20/09/2018 17:40

25, in 1978.
House cost £10,750

SazCat · 20/09/2018 19:00

Vickie I'm also 37 and the majority of my friends (couples) bought in mid twenties. All regular jobs i.e admin, teachers, nurse - nothing too well paid. No help or inheritance that I know of.

Maybe as we're midlands and I guess it's more affordable than some areas. Plus in mid 2000s you could still get 100% mortgages at decent rates!

whereshalligo · 20/09/2018 19:07

29 on my own in 1996 one bedroom house for £36K was on a low wage so saved really hard for the deposit

CharBart · 20/09/2018 19:08

25, DP 26, early 2000s, 2 bed flat in cheaper part of London. 5% deposit! Still in same area, traded up to house after a few years.

EK36 · 20/09/2018 19:12
Lordamighty · 20/09/2018 19:16

25, but I had been working for 7 years by then.

PinguDance · 20/09/2018 19:22

27, two years ago, by myself - most of the deposit was an inheritance but I’d also been working for 5 years and had savings. I’m one of five of my friends at my age who have bought a place by now, all with help.

LeeBee11 · 20/09/2018 19:22

25, four bed semi

BigFatCurlyHeadedFuck · 20/09/2018 19:29

24

WeeDoughball · 20/09/2018 20:22

21 with now DH in 2008. We'd just left uni but had both lived at home and saved so had the deposit.

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