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Average age of first-time buyer increases Average age of first-time buyer increases

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Old 08-05-2008, 07:11 PM
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Post Average age of first-time buyer increases
According to research from mform.co.uk, the consumer website, the average age of first-time buyers is increasing.mform said first-time buyers under the age of 30 only account for around 34%, compared with 50% in 2007.This is primarily due to the tightening of lending criteria which has emerged since the credit crunch. As a result, first-time buyers [...]

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Old 10-17-2008, 12:29 PM
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lots of factors affect this statistic. Including more people going to uni, therefore putting off buying a house until later on in life, as well as the much higher prices these days and the need for a much bigger deposit.
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Old 10-21-2008, 03:26 PM
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Well I'm one of that 34% of first time buyer under the age of 30. I think it all depends on people personal circumstance as well as the financial market.
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