To ask how much your first home cost you?

[redwinegulper]

What year was it in, and how did you afford it
?

£100k 1 bed flat just off Fulham Broadway, in 1998. I'd fallen out with my flatmate, and my parents said they'd lend me £5k for the deposit so I could move out. It was the only flat I viewed (madness!) but it was a corker. Beautiful terrace garden (well it was by the time I left) and 3 minutes walk to FBroadway/ tube station.

I met my now husband just a few weeks later as it happened, and I sold it when we got married in 2000 for £200k. So in just two years I doubled my money. I was so, so lucky I fell out with my flatmate when I did, that deposit was the money that bought our family home.

I've just looked now and the flat last sold in 2010 for £320k so I definitely hit the jackpot in terms of increasing value in those two short years.

317,500 4 bed detached in Midlands last year.

Paid 117,000 deposit from selling my partner's first house.

Wish my wage had gone up as much in 15 years as house prices have!

Some of these house prices just seem crazy compared to now!
We are still saving for our house at mid 30s. I had children young so we have two teenagers and although DH earns a decent wage, with £1400 rent plus everything else it just seems to be taking forever to save for a deposit.

£125k in 2016. Small 3 bed, end terrace, in N. Yorkshire. We saved half the deposit and my parents gave us the other half

2017, 600k, parents bought it. We pay them small monthly mortgage

1985 two bed semi, newbuild. 23k

2016, £310k, deposit saved from work over 7 years or so from both DH and me, plus a small extra loan from PiL. 4 bed mid-terrace in (just about) the South East.

2011, £172,500 with a 20% deposit. Zoopla now says worth £300k

Oh and despoil was entirely from husband working every hour going and saving on an apprentice wage. We're nearly mortgage free too.

*deposit

Well I’m a grandparent on here and my first house,a small semi was £1800.

£35,000 for a 3 bed semi in 2001. We bought as I was 5 months pregnant, and living in a 1 bedroom flat.
My DH worked in a bank, so we got 100% staff mortgage.
6 months later, house prices almost tripled around here.
We were so lucky, and even though we've ended up with a nightmare neighbour, I still feel very lucky. Especially as we were able to pay off the mortgage a couple of years ago due to a small inheritance.
I really feel for young people now

@gt84 in the same boat. Not sure we'll ever get there, I envy people that were able to buy before house prices went crazy!

Dh and I moved out of home when we were 18, didn't have the opportunity to live with our parents and save up. Neither families have any large sums of money to lend us. So we've always rented and never been able to save much.

Half of our monthly income goes on rent and council tax. It never used to bother me but it is starting to now.

£35k in 1998, a one bedroom flat in an Edinburgh tenement. I was working and had saved for the deposit.

£64k, London Zone 2, 1992, big 1 bedroom flat with balcony

£12,600. Big three bed terrace with back yard in North Manchester. I ws single aged 22 and put down a £600 deposit. Mortgage of £12,000 and 15% interest rate

£5,275 for a two bed terrace in the east midlands in 1978. Sold it in 1981 for £8,250

I see it last sold in November 2018 ... £119,000

2013 & 70k.

It was a gorgeous little terraced house in the heart of town. We were very sad to sell it but it just wasn't big enough for 2 dogs and impended DC's.

I do hope it's being looked after.

Oh I forgot - we put a 20% deposit down on it which was loaned from DH's grandparents.

£38K in 1990

£214k, last year for tiny 2 bed terrace in SW. We had a third of our deposit paid for by our parents and the rest we saved up for, then we borrowed money from friends to pay for the move, etc.

1998 a 3 bed terraced house in Leeds , it was 37k .I remember being stressed by taking on this ( what I thought was)a huge financial burden.

First house was same year I graduated from Uni (2004) and cost £157k. Dh (then fiancé) had bought a flat 2 years earlier for £80k and sold it for £138k so that helped massively!

Bought a 2 bed flat in London in 1997 for 54k

£159k, January 2008, one bed flat in zone 2 SE London.