ladbible homepage
ladbible homepage
  • iconNews
  • videos
  • entertainment
  • Home
  • News
    • UK
    • US
    • World
    • Ireland
    • Australia
    • Science
    • Crime
    • Weather
  • Entertainment
    • Celebrity
    • TV
    • Film
    • Music
    • Gaming
    • Netflix
    • Disney
  • Sport
  • Technology
  • Travel
  • Lifestyle
  • Money
  • Originals
    • FFS PRODUCTIONS
    • Say Maaate to a Mate
    • Daily Ladness
    • UOKM8?
    • FreeToBe
    • Citizen Reef
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube
Submit Your Content Here
  • SPORTbible
  • Tyla
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • FOODbible
  • UNILAD Tech
'UK's oldest first-time buyer' finally gets his own bungalow aged 86

Home> News

Published 20:01 15 Nov 2022 GMT

'UK's oldest first-time buyer' finally gets his own bungalow aged 86

Getting on the housing market is harder than ever, but Simon said it was 'worth the wait'

Jake Massey

Jake Massey

google discoverFollow us on Google Discover

The 'UK's oldest first-time buyer' has finally stepped on to the property ladder, aged 86.

People are getting a place of their own later and later in life as property prices and mortgage rates surge, but usually if people do buy a place, they do it sooner than Edward Simon Jones.

The pensioner - who goes by the name Simon - spent the majority of his life living on his family's farm, before moving into assisted care facility Marleyfield House, in Buckley, Wales.

Advert

He spent the past year in the facility, but he's always wanted his own home, and now he's bought himself a £147,000 bungalow in nearby Flintshire.

Looking forward, Simon wants the bungalow to be his forever home.

"I'm so excited to finally have a place of my own," he said. "I loved it at Marleyfield but I want to spend the remaining years I have in my own home.

"It's been a long time coming but it's certainly worth the wait."

Simon is delighted to have his own place.
SWNS

However, Simon's niece, Lynne Palin, said his new start represents a huge loss for the care home he has left behind.

She said: "His solicitor joked that he must be the oldest person in Wales to buy their first home.

"He lived on the Bychton Hall family farm in Mostyn for all his life, before moving in to Marleyfield.

"At Marleyfield he was known as being a real character, and a bit of a ladies' man - so no doubt he'll be missed there.

"The home's cat, Mikey, even slept on his bed every night."

But while Simon had a blast, he has no regrets about his decision.

Lynne said: "Simon's always maintained that he wants to spend the last years of his life in his own place, and he's absolutely delighted to have the keys to his new bungalow.

"He has solar panels on the roof of the bungalow, and he thought that means he'll be getting free electricity."

Sadly, electricity is far from free at the moment, but at least Simon has managed to get on to the property ladder.

The outlook for first-time buyers is grim in the current climate, with one expert recently going as far as using the technical term - 'f****d'.

This smug moment is a long way away for many of us.
insta_photos / Alamy Stock Photo

Buying agent Henry Pryor, who has been working in the business for 39 years, said people only realistically have a chance with current house prices and mortgage rates if their parents already own a home.

Pryor told LADbible: "I'm really happy spending as much time as necessary with the next generation.

"They've been properly f**ked over by my generation. And they need to know the reality rather than what their parents say.

"We've loved the situation, the stupidity at the moment, of mum and dad lending money to the kids, so that kids can afford the prices that mum and dad and mum and dad's mates want to charge for their homes.

"That's not sensible. It means if your parents don't own their own home, you'll find it incredibly difficult to get your own home yourself.

"If your parents don't own the home, you will likely only to be able to rent a home.

"If your parents give you a leg up, the bank of mum and dad is the ninth largest mortgage lender in the country."

Featured Image Credit: SWNS

Topics: UK News, Money

Jake Massey
Jake Massey

Jake Massey is a journalist at LADbible. He graduated from Newcastle University, where he learnt a bit about media and a lot about living without heating. After spending a few years in Australia and New Zealand, Jake secured a role at an obscure radio station in Norwich, inadvertently becoming a real-life Alan Partridge in the process. From there, Jake became a reporter at the Eastern Daily Press. Jake enjoys playing football, listening to music and writing about himself in the third person.

X

@jakesmassey

Recommended reads

Cher left ‘speechless’ after discovering secret 15-year-old granddaughter in emotional callChristopher Polk/Billboard via Getty ImagesCharlize Theron makes controversial AI statement as she rips into Timothee ChalametMarc Piasecki/WireImageChernobyl first-responder reveals lifelong health damage 40 years after working in deadly radiation zone(Windfall Films/Georgiana Davies)500 flights cut for 'maintenance' as experts warn Europe to run out of fuel in 'weeks'Thierry Monasse/Getty Images

Advert

  • Family speak out for first time as British teen dies in Vietnam holiday hotspot
  • Eamonn Holmes speaks out for the first time after suffering a stroke
  • Kanye West finally responds to Wireless backlash by explaining his intentions for headline show
  • Brother of bride speaks out for first time after sister-in-law throws black paint over bride in brutal revenge act

Choose your content:

2 hours ago
4 hours ago
5 hours ago
6 hours ago
  • Kayla Oaddams/WireImage
    2 hours ago

    Charlize Theron explains how she feels now after her mother killed father when she was a teen

    The star opened up about how her mum had shot her dad in self defence as he was trying to kill them

    News
  • Photo by Anna Moneymaker/Getty Images
    4 hours ago

    Iran's Supreme Leader issues chilling threat to US and Israel amid uneasy truce

    There looks to be little chance of an end to the conflict right now

    News
  • Cover Images
    5 hours ago

    Brother of bride speaks out for first time after sister-in-law throws black paint over bride in brutal revenge act

    He suggested that 'there's more to' the story

    News
  • Kayley Boda/SWNS
    6 hours ago

    Woman who started vaping at 15 given months to live after being told 'not to worry' by doctors

    First she started coughing up brown mucus, then she started coughing up blood

    News