Age gap among first-time buyers sets in, the Halifax says

Age gap among first-time buyers sets in, the Halifax says
 

A gap between the average age of first-time buyers in different parts of the UK has set in despite property price growth slowing, a lender has said.
The Halifax said that UK property prices rose by 5.8% in September compared with a year ago.
This offers some cheer to first-timers who faced annual rises in house prices of 10% six months ago.
Yet those buying in the priciest parts of the UK were typically seven years older than those in cheaper areas.
The Halifax said that the youngest first-time buyers were in Carlisle in Cumbria and Torfaen in south Wales where they bought at an average age... read more

 
7 October 2016 in Business, Views: 32
Source: BBC
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