The average age of a first time buyer now stands at 29 there is almost a decade in difference between some Ares of the country according to new research.
These results are provided to you by Leicester mortgage brokers
The youngest first time buyers are in Selby in North Yorkshire where the average age is 25. Nine years younger than one of the oldest first time buyers, harrow in London 34.
Areas where the national average of first time buyers is Redcar and Cleveland in North East, Barrow-in-Furness in Cumbria, Bolsover in Derbyshire and South Ribble in Lancashire.
The average age in each of these regions is only 26. At a regional level rather than local district level the difference are less stark The youngest first time buyers are in North East North West Yorkshire and the Humber, Wales and Scotland all with an average age of 28 the oldest in London at 32 and Southeast 31.
The youngest first time buyers in the South are in Swale in Kent and south Gloucestershire with an average age of 27 in both areas.
Several Ares in Wales are also aged 27 Bridgend Rhonda, Caerphilly and Port Talbot. The lowest average age of first time buyers for any area in Scotland-Midlothian is also 27.
Average house price are relatively low in these Ares for young first time buyers. There is 25-40% difference in the national average price in this area.
South Gloucestershire is the only are in which average prices paid by first time buyers are above the national average of £135,100.
Seven out of the ten areas with the youngest first time buyers have average house price to average earning levels ratio below 4.0
The average age of the first time buyer has remained stable over time in 1983 when Halifax records began it was 28 just a year younger than today.
Increasing number of first time buyers now require assistance to raise funds for a depots. 84% of FTB under 30 had help with their deposits in 2010 compared to 38% in 2005.
Typical age of those first time buyers who did not receive assistance has increased from 28 to 31 over the same period.