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When do people buy their first home? Published 31 January image copyrightGetty Images Home ownership rates in England rose slightly in the last financial year - but first-time buyers are having to wait until they are older to buy. There were still far fewer young buyers than a decade earlier. The average age of first-time buyers has risen from 31 to 33 over the same 10 years. More young people are renting and fewer expect to be able to buy.

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So many of these young tenants, who want to buy, will be grateful that house prices had hardly changed in the last yearaccording to the latest survey from the Nationwide Building Society. There were still far fewer young buyers than a decade earlier.

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More young people are renting and fewer expect to be able to buy. When do people buy their first home?

As a result politicians should continue to focus on widespread dissatisfaction with renting and worrying increases in overcrowding," she said. Rent eats up more household income that a mortgage would do.

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Lookinh average age of first-time buyers has risen from 31 to 33 over the same 10 years. Lindsay Judge, senior research and policy analyst at the Resolution Foundation, a think-tank representing those on low and middle incomes, said the Bank of Mum and Dad was becoming a bigger influence on homeownership levels.

As a result politicians should continue to focus on widespread dissatisfaction with renting and worrying increases in overcrowding," she said. Published 31 January image copyrightGetty Images Home ownership rates in England rose slightly in the last financial year - but first-time buyers are having to wait until they are older to buy. Published 31 January image copyrightGetty Images Home ownership rates in England rose slightly in the last financial year - but first-time buyers are having to wait until they are older to buy.

First time looking for younger

Lindsay Judge, senior research and policy analyst at the Lookkng Foundation, a think-tank representing those on low and middle incomes, said the Bank of Mum and Dad was becoming a bigger influence on homeownership levels. When do yoknger buy their first home? So many of these young tenants, who want to buy, will be grateful that house prices had hardly changed in the last yearaccording to the latest survey from the Nationwide Building Society.

First time looking for younger

More young people are renting and fewer expect to be able to buy. Related Topics. Related Topics.

First time looking for younger

There were still far fewer young buyers than a decade earlier. Rent eats up more household income that a mortgage would do. The average age of first-time buyers has risen from 31 to 33 over the same 10 years.