To ask if you know anyone young who only wants to buy house once

[Changedusernameforthis2]

I've got a lovely niece , she's saved loads and is 25, she's just bought a house, very large and in need of full updating/renovation which she is going to do over time. She's really clear that she has bought this house and that she wants to be still in it when she is old. It just struck me as unusual these days. My grandparents bought a house when married young and stayed in it their whole lives as did lots of friends and other relations grandparents but the last generation or two have been much more fluid with moving and going up the ladder. I was just interested if anyone here bought their forever home as their first home or knows anyone who wants to do this?

We've done it, we think (though this house wouldn't be ideal for someone frail; no space for a downstairs bathroom) - mid 40's now, bought early 30's. It'll certainly save us on stamp duty.

No but then I live in London and no one was buying a big house in their 20s - rather one or two bed flats, often with a friend, with the intention of selling in a couple years to move up the ladder.
I’d say it’s unusual to buy your ‘forever home’ from the off, mainly as people move around a lot more. Jobs change, ambitions change, circumstances change. Things are maybe more unpredictable than they were a couple generations ago.

It's unusual sure but I mean there will be people like that won't there

I've bought this house as my first house and I don't intend to move. Although I was 36 when I bought it.
I never intended on buying a house though really. I'd find it stressful moving again and expensive. Don't have a lot of money. I'm not a person who falls in love with a house though like many. I got this house cos I can walk to town from it, it's a good location and it was in good condition when I got it. Ready to move into. And it was just a place to live.

Perhaps I'm not keen on change as well lol

A few of my friends DC are saving up for houses, they are adamant they don’t want flats and want three bedrooms so they can have a couple of DC there and live in the house a long time. Obviously a lot of us have said this and then suddenly get to a stage where we outgrow our homes so time will tell.

Yes, I bought my first home at 30 with my now DH with a view to extending and it being our forever home. My brother and his hd who are mid 20s plan to do the same within the next year!

Yes, dd and her partner are saving and are quite clear that they want to buy a property that will work for them for at least 15 yrs. realistically that means 3 bedrooms. Even though they say they don’t want children, I say that babies have a habit of turning up quite unexpectedly so it’s probably a good idea.
i wish DH and I had taken a few more months to get more of a deposit together to go for a house rather than a flat back in ‘88. We might have avoided having to sell the tiny flat at a £10k loss after some years when the unexpected baby grew out of the cot. (Of course, said flat now worth £400k).

I’d like to have done that, but could have afforded to. So 1 bed flat, moved to 2 bed flat, to 3 bed house, just about to move again.
moving probably every 3-4 years. The stamp duty is an absolute bitch.

I do think it’s gonna happen more and more often that was exactly the advice I gave to the young person in my life who needed to purchase a house push yourself as far up that ladder as you possibly can in one jump.
Because the days of moving every five years and upgrading, I do think I probably behind us.
My life is absolutely unrecognisable from five years ago. I don’t think I would be able to raise the funds to live in the house that I live in

We bought a forever home as our first home. Obviously, the option to sell up and move is still there if we ever wanted to, but we won't have to.

Our son is 28 and single, he bought a 3 bedroom house last year. He can manage the mortgage so thought he may as well buy a house which he won’t outgrow should he settle down and have children but which gives him plenty of room for now. He has a bedroom for himself, a guest bedroom and the third is used as his home office so it all works well for him.

Yes we want to stay in our house forever - it ticks every box and if we ‘out grow’ it, we have room to extend. We feel lucky to be where we are.

It wasn’t intentional and this is only my second owned property but I bought at 24 and am still here at 61 - I have no intention of moving anytime soon

I can’t currently see myself moving out of my first house - but mainly as the jump to the next one is so huge in terms of price and stamp duty.

And - I bought this when a lot older than your niece.

I know a lot of people in the same boat!