At what age were you when you first bought your first home?

badger09

22 early in 1972 after getting married for less than £100 (1st time) in 1971 and saving like mad for our own home. 3 bed terrace North Liverpool cost £2500, but got Govt grant to bring up to decent standard. Knocked through a wall between small back room & even smaller kitchen and lived there quite happily until burgled by close neighbours a few days before Christmas 1975.

Mum & Dad had only managed to buy their own home 4 years before that, thanks to small inheritance from grandad for deposit. No question of them lending us any money.

Happy days

MovingForwards

Age 44, 2020, no help from family or any government scheme.

Seanmac

It depends on where you are buying for e.g. London would take longer given the deposit size etc while North shorter. 

tower

60k house in outer London at 21, 30 years and 3 houses later Mortgage free in Herts 👍

davilown

South East and 33 when we first purchased. No money from parents though 5k inheritance went towards deposit.
Had 2 kids as teenagers so times were a bit tough!
Haven’t done too bad in 9 years to be fair

WiseOwl00

I'm 25 and currently in the process of buying a £200k house with my boyfriend up North. We're both putting in 10k to the deposit each to make up 10%. No bank of Mum of Dad or inheritance, we've worked + saved for it ourselves. I rented for 4 years when I was university, from 18-22. I worked full-time every summer to help pay for my rent and managed to save a little on the side. I've been completely financially independent since 18 - pay all my own phone contracts, car insurance, food, etc. Moved back home at 22 for 2.5 years, currently paying board + do my own food shopping. 

anewbuyer

32 in London (2020) No help from mum and dad and arrived with a suitcase and nothing else to this country in 2011. 

It took us many years to save for a deposit but we were consistent and focused on buying a home as soon as possible.

Swash

28 in 2017, North West, bought it solo. No help financially, just cut backs and saving hard. 10% deposit plus around 10k for furniture. Purchase price was £125k. 

Edited to add, I chose to move out of the city I grew up in, to get more for my money. It was the best decision I've made. Sometimes moving a little further away (25 miles in my case) helps you onto the ladder much more quickly, with more space.

lisyloo

22 with 75% mortgage, 25% shared equity with builder (paid off after year 4 with 9% discount for early payment). Mortgage free at 44 with bigger nicer house.
buy as soon as you can, start a pension as early as you can and increase when you can e.g. pay rise, without depriving yourself.

orchid2010

East Anglia, 19.  Interest rates went up twice before our first mortgage payment and topped out at over 16%.  Really tough.