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Current generation of first-time housebuyers is older than one that preceded it

Research carried out by Bourne housebuilder Larkfleet Homes and First Time Buyer magazine has revealed the current generation of first-time buyers is older than the one that preceded it.

In an online and telephone survey of house-buyers, Larkfleet found that 58 per cent said that their parents bought their first home at a younger age than the respondents themselves had done.

On average, first-time buyers now are three years older than they were just 10 years ago.

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