Understanding the Shifting Age of First-Time Buyers

Understanding the Shifting Age of First-Time Buyers

For property owners and landlords in Scotland, the latest insights on the average age of first-time buyers reveal a surprising trend

Understanding the Shifting Age of First-Time Buyers
For property owners and landlords in Scotland, the latest insights on the average age of first-time buyers reveal a surprising trend. While it’s often assumed that the age of first-time buyers has significantly increased over the last two decades, the data tells a different story. 
In the UK, excluding London, the average age of a first-time buyer has only risen from 30 years and 7 months in 2005 to 33 years in 2023. In London, traditionally known for its high property prices, the age has increased from 32 years in 2005 to 35 years and 4 months today.
This modest rise reflects a resilient market where buyers are still entering the market earlier than many might expect, despite economic challenges. For those in Scotland , this stability suggests continued demand for properties, making it an opportune time for landlords and property owners to consider their home ownership and investment strategies.


Get in touch with us

At Property Connections, we’ve helped many clients successfully sell their homes right through the festive season. Here’s a deep dive into why listing before the holidays could actually be a smart, strategic move and how to make it work for you

Curious about your property's worth? Our instant valuation tool offers a quick snapshot, but understanding what's behind those figures is key. Let's delve into how it works and what it truly means for your home.

Here’s your guide to pumpkin-proofing your Scottish garden while keeping it beautiful and functional for the autumn season.

Considering selling your property but unsure where to start? A market appraisal is your crucial first step. This guide explains what happens during this vital appointment, helping you prepare and understand the process.