Average age of first-time buyers revealed

Research by the Clydesdale Bank has this week revealed the marked difference between the average age of its first-time buyers across the UK from 28 in Yorkshire to 36 in Wales.

The bank’s average age for a customer to take their first step onto the property ladder is 30. However, this varies considerably from region to region – and Scotland is in line with this average.

Steve Reid, retail director for the Clydesdale, said: “We remain committed to helping first-time buyers of all ages to get onto the property ladder with a range of products, including our Regular Home Saver account, that offer buyers saving solutions and competitive rates when purchasing their first home.”