The First Time Buyers Age Index survey has revealed the best cities in the UK for youngsters to get on the property ladder , and the average ages of first-time buyers in cities across the UK.
Scotland is currently the most difficult place in the UK to buy a first home, and Edinburgh residents take four years longer than Londoners to get onto the property ladder, at aged 29.
The average age in the UK to buy a house for the first time currently stands at 27-years-old.
Residents of Leicester are the second oldest when it comes to getting on the property ladder, and Brighton comes in joint-third with Glasgow and Cambridge, where the average age of a first-time buyer stands at 28.
Perhaps unsurprisingly, homes in London sell for an average price of £460,000 - more than thirteen times the average UK salary, which currently stands at £35,000. But despite this, the average age for a first-time buyer remains relatively low, at 26.
The third most difficult city to buy a property in is Glasgow, where the average age for a first-time buyer is 28.
The youngest first-time buyers can be found in Sheffield, where the average age to get on the property ladder is 23.
Stoke-on-Trent is also one of the best places to look if you want to get on the property ladder, with a first-time buyer average age of 24.
Speaking about the findings, Ben Bailey, a spokesperson for Nested.com. said: "Our inaugural First-Time Buyers Age Index provides a fascinating snapshot of today’s home-buying habits by revealing that house-hunters in the Capital are getting on the property ladder at a younger age than many would imagine.
"Our research also highlighted that two thirds of Brits fear they’ll never be home-owners yet we’ve demonstrated that the average age of a first time buyer in the UK is 27, which has remained unchanged in a generation."
