Try our corporate solution for free!
+1 (212) 419-5770

Average age of recent first time home buyers in England 2005/06-2018/2019

Between 2018 and 2019, the average age of recent first-time buyers in London was 4.6 years older than the rest of England. Across the UK, first time buyers accounted for approximately 357 thousand transactions during 2019.

First time Prices and mortgages

In London, the average value of a mortgage for first time buyers was far higher than all other regions in the UK. Apart from the initial cost of a down payment, those that can afford to, see monthly payment savings against those renting. In certain parts of the country, annual savings of buying against renting saw first time buyers amounted to over two thousand British pounds.

Help to buy

To encourage first time buyers, the UK government started the help to buy scheme. The scheme sees people saving for a first-time home receive a 25% bonus to their savings when purchases a house valued at 250 thousand British pounds (450 thousand British pounds in London). Between December 2015 and March 2018, the North West of England saw the highest number of Help to buy ISA bonuses paid.

Average age of recent first time home buyers in England from 2005/06 to 2018/2019, in and outside London

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% Discount until September 30th
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in

Release date

January 2020


United Kingdom (England)

Survey time period

2005/2006 to 2018/2019

Number of respondents

342 respondents

Supplementary notes

The source classifies 'recent first time buyers' as those who have been residents for less than 3 years.
Sample size for 2018/2019, London; 47, England excluding London; 295

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "First time home buyers in the United Kingdom (UK)"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.