The Ftbs with Mtb* ; (1) (*That's First-Time Buyers with Money to Burn) (2)They'll Pay Up to Pounds 1.15million for the Right Place or Rope the Parents In

Summary


Everyone knows of the misery suffered by first-time buyers, whose average age is now 34 and whose budget is on average Pounds 153,000. But one category of first-time buyer is riding high: the affluent who are either fortunate to have heaps of family money or who had a brilliant career break early on.

Toby Heelis is an example of both, a first-time buyer with nearly half-a-million pounds in his pocket. That's nearly double the average price for a detached house (Pounds 285,697).

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Extract


The Ftbs with Mtb* ; (1) (*That's First-Time Buyers with Money to Burn) (2)They'll Pay Up to Pounds 1.15million for the Right Place or Rope the Parents In

The 33-year-old bachelor and director of City Golf and Health Clubs is buying a three-bedroom maisonette on the New King's Road in Fulham, for sale through John D Wood at Pounds 425,000.

Toby had been searching in...

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