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02:12
The average first-time buyer is now seven years older than in 1960 and needs to save around £20,000 to be able to buy a home, a study has found
The average first-time buyer is now seven years older than in 1960 and needs to save around £20,000 to be able to buy a home, a study has found.
Researchers who polled 2,000 adults found a huge difference in the profile of someone buying their first home through the generations.
Today, first-time buyers will be in their thirties before they get onto the property ladder and pay a deposit of £20,622.
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