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TODAY'S OTHER NEWS

Flying the nest - average age of first-time buyer revealed

The average age of a first-time buyer in the UK is 27, according to research from Nested.com.

The online estate agency says that Edinburgh is the UK city with the oldest first-time buyers, typically aged 30.

Other cities with older than average first-time buyers include Leicester (29), Brighton, Glasgow and Cambridge (all 28).

Perhaps surprisingly, first-timers in London, Leeds and Manchester come in below the UK average, typically aged 26.

Meanwhile, the youngest average first-time buyer ages are found in Sheffield (23), Stoke-on-Trent (24), Cardiff, Oxford and Liverpool (all 25).

The agency also carried out sentiment research and discovered that the average Brit plans to own and live in between two and three properties throughout their lifetime.

Leicester residents have the highest expectations, setting their sights on living in 3.3 homes across their lifetimes, while at the other end of the scale those residing in Belfast expect to live in just 1.4 homes over their lifetime.

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