Approaching 40 and still don’t own a home? Here’s what you need to know

  • For those who thought being 40 was still all about swimming in the fountain of youth, then it might be time to rethink that idea — especially if you’re in the market for your first home.

In today’s society, being on the ‘wrong’ side of 40 is a perfectly normal life stage to have a baby, get married, or be Leonardo DiCaprio, however it’s an age bracket that makes mortgage lenders take a second look.

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It’s never too late. Buying a property over 40 years old isn’t easy but it is achieveable. Picture: Thinkstock

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