Definition of quill for English Language Learners. : 1  the hollow central part of a feather. : 2  a large, stiff feather from the wing or tail of a bird. : 3  a pen that is made from a feather.
The average age of a first-time homeowner is 34, according to the most recent American Housing Survey data collected in 2009. Once first-time homeowners made up nearly half of all existing-home sales, but they now make up 35 percent, according to a recently released National Association of Realtors report.
Calculator: The impact of rate rises. Today, the average first-time buyer spends Â£147,000 on their first home, with a 20pc deposit of Â£29,400 and a mortgage worth Â£117,600. The average income is Â£35,918 and the average deposit as a percentage of income is 82pc â eight times that of their parents in 1983.n 1983, the average first-time buyer paid Â£17,021 for their home with a deposit of Â£1,021 and a mortgage of Â£16,000. The average borrower had an income of Â£8,316 and the average deposit as a percentage of income was 12pc. Tables: Best fixed and variable rate mortgages.