We’ve all had different circumstances in life, and some of us begin our home ownership journey a bit later than 35. This week we spoke to KS, who “married later” and only bought his first home in his mid-40s. He says there are definitely some drawbacks, as well as advantages, to buying your first home later in life. For those of you who are starting your home ownership journey a little later than the norm, you may find this useful:
A long wait before buying the first flat
KS says the reason for waiting so long, before buying a flat, was due to his family’s circumstances:
“My parents split when I was still in Primary school, and I and my sister stayed with our mother for a while. But my mother had depression and couldn’t work, and right after NS I went to work to support her and my sister; so I never got beyond my O-levels....