News in Brief


We're only too aware that it's hard to keep up to date with all relevant news stories. So, each month we provide you with current news snippets / items, which we hope you find interesting to read.
Average age of a first-time buyer could hit 44
The average age of a first-time buyer could hit 44 as would-be homeowners struggle to get the money together to get a deposit. Scottish Widows reports potential buyers could be unable to start making serious savings towards a deposit until they reach their thirties meaning they are unlikely to make it onto the property ladder until they reach their mid-forties. The average age of a first-time buyer is currently 30 but Scottish Widows predicts this is set to change. It says consumers are too busy paying off credit card debt and repaying loans to focus on saving for a house.