More than a third of people (37 per cent) that purchased a new home over the last four years bought it on their own, new research shows.
Just under a third (29 per cent) waited until they were married before making their first foray into the housing market since 2006, according to a recent Santander survey.
This is a stark contrast to trends before the 1970s, when 84 per cent of people bought their first home with their spouse, while only ten per cent of first-time buyers bought on their own before 1980.
However, house prices are on the rise again, which could make it harder for couples or singletons to buy a property.
The latest figures from the Land Registry indicate that April house prices were 0.2 per cent higher than in March, with the average home now costing £165,596.
This latest figure reflects an annual price increase of 8.5 per cent across England and Wales.
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Chelsea is one of the most exclusive parts of London thanks to its mix of traditional and modern architecture, fabulous shops and top-quality restaurants. A chic and stylish area, it is highly sought-after by the rich and famous.
Stamp duty has been in existence for over 300 years, going back to the reign of William and Mary. It is important to understand where stamp duty came from and how it has evolved over the years to become the tax that it is today.
