New data from the Mortgage Advice Bureau (MAB) shows first-time buyers (FTBs) made up 67% of property purchases in the last year. If you’re thinking about selling your home, this could be a key signal for how to position your property.
At ADM Residential, we are here to ensure you make a smart decision that is best for you.
Who Are Today’s First-Time Buyers?
Across the UK, the average FTB is 34 years old, earns £35,900 a year, and has built up a deposit of around £24,500. They typically save £585 per month and are aiming to buy homes worth approximately £226,900.
Many are juggling full-time jobs and additional income streams just to get on the ladder. Almost a third have dependents, and nearly half are going it alone as solo buyers.
Regional Trends Every Seller Should Know
London: FTBs are older (average age 36) and earn more (£51,000), but face steep prices averaging £340,600. Over 80% of buyers in the capital are first-timers.
England (outside London): Mirrors national trends but at lower price points – average property values sit around £220,300.
Scotland: First-timers are mostly buying on their own (58%) and paying the lowest average price outside of Northern Ireland – £196,500.
Wales: The youngest FTBs in the UK (average age 33) also include the highest proportion with children (37%).
Northern Ireland: Buyers here earn the least (£29,900) but purchase the most affordable homes (£177,500) with impressive deposits.
What This Means for You as a Seller
With first-time buyers dominating the market, sellers may want to consider how their property appeals to this group. Features like affordability, location near schools or transport links, and low-maintenance interiors could be key selling points.
The rise in solo applicants also suggests that compact, efficient living spaces are in high demand – not just family homes.
Understanding the financial profiles and priorities of today’s FTBs can help you set a realistic asking price and tailor your sale to match the market.
Rachel Geddes is the strategic lender relationship director at MAB, and she said: “The FTB market is certainly multifaceted. Just as there is no such thing as a typical FTB, there’s also no ‘one-size-fits-all’ when it comes to finding the right mortgage.” Rachel continued by saying: “The average age of an FTB at 34 is much too high, and this is a blatant call to action for our industry to step up and do more.”
Contact ADM Residential to sell your Huddersfield home in 2025
Anyone who is keen to sell their home in Huddersfield should contact ADM Residential today. We are more than happy to provide you with a property valuation, which is the ideal starting point for anyone looking to enter the Huddersfield housing market with confidence.
This is a busy time of year in the local and national housing market, but we look forward to assisting you. Call on your leading Huddersfield estate agents today for help and guidance in the local market.
