The average British homeowner, who bought their first home at the age of 26, will live in seven different properties and will spend approximately £26,295 on redecorating their home during their lifetime, according to new research carried out by Origin, a manufacturer of bespoke aluminium bi-folding doors, residential doors, windows and blinds. The report discovered that UK adults will typically move out of their parents’ home at 21 years of age and reside in two rental properties before getting onto the property ladder for the very first time. The typical homeowner will end up living approximately 66 miles away from their childhood home, and will only live in two different cities their entire life.
Looking for your first home? Our estate agents in Ashford and Maidstone can guide you through the first time buyer process!