First-time buyers warned: "Don't expect to own before 35"

A Post Office study found the age of first-time buyers has increased steadily since the 1960s, when people were on average 23-years-old when they first bought a home. Women expect to buy earlier than men do at 34 compared to 37 for the average male. However, 53% of potential first-time buyers between 25 and 34-years old do not think they will ever be able to afford to buy. Half of this age category cited they cannot afford a deposit unless their circumstances changed, such as receiving a lump sum or getting a better paid job, compared to the national average of 37%. People buyin...