The Oban Times - - Property -

The av­er­age home­owner in Scot­land bought their first home aged 27, will live in eight dif­fer­ent prop­er­ties and will spend £25,213 on re­dec­o­rat­ing dur­ing their life­time, ac­cord­ing to new re­search.

Scots will typ­i­cally move out of their parental home at 21 years old and re­side in two rental prop­er­ties be­fore getting on the property lad­der for the first time. A typ­i­cal Scot­tish home­owner will end up liv­ing ap­prox­i­mately 60 miles away from their child­hood home, and will live in only two cities their en­tire life. The av­er­age mort­gage will take 20 years and 10 months to pay off – one month above the UK av­er­age. This will cost a to­tal of £113,207, which is £21,658 lower than the typ­i­cal na­tional spend. While a to­tal of £14,183 will be spent on hir­ing re­moval vans, pay­ing the le­gal fees and pay­ing the stamp duty. This is only £45 above the UK av­er­age.

The re­search of 2,000 UK home­own­ers was com­mis­sioned by Ori­gin, man­u­fac­turer of be­spoke alu­minium bi-fold­ing doors, res­i­den­tial doors, win­dows and blinds. It looked at the dif­fer­ent stages of property buy­ing for the av­er­age Bri­tish home­owner and how property as­pi­ra­tions change over time. Ben Brock­lesby, di­rec­tor at Ori­gin, said: ‘ With the cost of mov­ing so high, we have seen that fam­i­lies now choose to im­prove their cur­rent homes, rather than move.

‘Many years ago, a home would be for life, but that changed and peo­ple started mov­ing as their needs changed – whether it be as a re­sult of new job or start­ing a fam­ily.

‘How­ever, to­day we are see­ing a resur­gence of peo­ple choos­ing to ren­o­vate and im­prove their cur­rent property so it fits with their needs with­out in­cur­ring mov­ing costs.’

Typ­i­cally, it takes four months and three weeks to get set­tled into a new home – while over half of adults de­scribed mov­ing home as the most stress­ful thing they’ve ever done. On av­er­age, re­spon­dents will con­trib­ute to­wards two sep­a­rate mort­gages over their life­time, and will typ­i­cally look to down­size age 56. The av­er­age UK property is es­ti­mated to be worth £249,127 on av­er­age among those polled – while the typ­i­cal mort­gage is £542.41 per month. Of those who have ever had a mort­gage, 39 per cent have paid it off, with the largest pro­por­tion of them – 27 per cent – aged 55 and over. Of those sur­veyed, more peo­ple – 29 per cent – live in prop­er­ties built be­fore the 1950s than from any other pe­riod.

The av­er­age UK home has three bed­rooms, while eight in 10 adults own a home with off-road park­ing and over half own a house with a garage.

The most pop­u­lar style of in­te­rior is ‘mod­ern’ fol­lowed by ‘English coun­try’ and ‘min­i­mal­ist’. Seven in 10 home­own­ers jointly own their property with their part­ner and a fifth re­ceived money from their par­ents to help them get on the property lad­der. A third of home own­ing Brits cur­rently live in a semi- de­tached property, over a quarter live in a de­tached house and 15 per cent live in a ter­raced home. The re­search also ex­plored what UK home­own­ers of dif­fer­ent de­mo­graphic groups con­sider to be most im­por­tant about their homes.


Bought first home aged 26 Will live in seven dif­fer­ent prop­er­ties through­out their life Spends four months and three weeks set­tling into a property Will spend £26,295 re­dec­o­rat­ing Will take 20 years and nine months to pay off their mort­gage Moves out of their parental home aged 21 Will have two mort­gages Down­sizes at 56 years old Will live in two dif­fer­ent cities Will spend £134,864.82 pay­ing off their mort­gage


Ben Brock­lesby said: ‘ By speak­ing to home­own­ers of all ages through the re­search, we have iden­ti­fied five dis­tinct home­owner stages that we most com­monly go through. Each shapes the com­po­si­tion of the home that we live in now, and our home as­pi­ra­tions for the fu­ture. “The home­owner pro­files: the Pent­house Pre­tenders, Multi-Space Ren­o­va­tors, Dynasty Dwellers, Zo­ne­own­ers and Full Spec Fin­ders, each have dif­fer­ent pri­or­i­ties for the lay­out, style and func­tion of their homes.’


For young cou­ples with no chil­dren, also known as ‘Pent­house Pre­tenders’, a pri­vate gar­den, big bath­room and lots of nat­u­ral light were among the most im­por­tant things about where they live cur­rently.

Home­own­ers in this stage want a nicely dec­o­rated home with big win­dows, pe­riod de­tails and great views.


‘Dynasty Dwellers’, fam­i­lies with mul­ti­ple gen­er­a­tions liv­ing un­der one roof, said that hav­ing a sep­a­rate liv­ing area for chil­dren and hav­ing a granny an­nex are key as­pects of what they like about their home.


For ‘Zo­ne­own­ers’, fam­i­lies with teenage chil­dren, sep­a­rate work space was a must, while hav­ing more than one bath­room was also con­sid­ered im­por­tant.


And hav­ing a sep­a­rate din­ing room, dou­ble glaz­ing and a down­stairs loo are among the im­por­tant things to ‘Full Spec Fin­ders’, re­tired cou­ples whose chil­dren have flown the nest. This home­owner group know what they want from their homes, with ex­pe­ri­ence of home buy­ing on their side hav­ing lived in at least eight prop­er­ties. To find out more, visit www.ori­gin-­ers-time­line.

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