Older first-time buyers on the rise

Data from Santander reveals that 22% of first-time buyers this year are over 40, an increase from 18% in 2024. The oldest buyer recorded was 70 years old. The trend shows a significant rise in buyers over 60, up 14% from last year. In contrast, the number of buyers aged 25 and under has decreased by nearly 25%. Santander has a maximum lending age of 75 for capital and interest repayment mortgages.

Daily Mail (25/11/2025)