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Can I Buy a House at 18?

Question

I want to buy a house but I'm only 18. To my understanding the legal age to buy a house is 21. Is this true?

 

Also my parents have a family home and they want to gift me a 30% share. Again do I need to wait till I am 31 before I can have the house gifted?

 

Answer: At the age of 18 a person is allowed to own property in their own name, in this country. Therefore, you do not need to wait, but can now purchase your own house, and receive a share of the family home from their parents.

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