0:00:02 > 0:00:06Up and down the country, super-rich teens and twenty-somethings
0:00:06 > 0:00:09are snapping up the hottest properties money can buy.
0:00:09 > 0:00:11This, this is where the mistress is going to be.
0:00:11 > 0:00:14You could hide your lover in here when your husband gets home.
0:00:14 > 0:00:17How to be a property millionaire, I do like to read that.
0:00:17 > 0:00:21Unless you've got a trust fund, or being bank rolled by mum and dad...
0:00:21 > 0:00:25Some people work all their life to become a millionaire, I just adopted it.
0:00:25 > 0:00:32The average first-time buyer now reaches a whopping 38 years old.
0:00:32 > 0:00:3338, bloody hell.
0:00:33 > 0:00:41As Britain's youth are in danger of becoming a generation who can't afford to buy their own homes.
0:00:41 > 0:00:42WHOOPING
0:00:42 > 0:00:46This series follows some of UK's most affluent young people.
0:00:46 > 0:00:48I don't actually care about this money I'm making.
0:00:48 > 0:00:5280 bottles of Dom Perignon, a couple bottles of Cristal, a standard weekend really.
0:00:52 > 0:00:55I'll make a hundred times as much in about ten years time.
0:00:55 > 0:00:58As they hunt for their perfect pads.
0:00:58 > 0:00:59Yeah this is, this is a bit amazing.
0:00:59 > 0:01:02- Oh, I love this.- Oh, my God.
0:01:02 > 0:01:04And there's a walk in wardrobe.
0:01:04 > 0:01:07And go on a serious spending spree.
0:01:07 > 0:01:10That's definitely the sort of theme I want to be going for cos £700 is a good bargain.
0:01:10 > 0:01:12It's gonna be extortionate.
0:01:12 > 0:01:14This one is £420,000.
0:01:14 > 0:01:16£799,950.
0:01:16 > 0:01:18On the market for about two and a quarter million.
0:01:18 > 0:01:21There is no doubt in my mind, I've become obsessed with property.
0:01:21 > 0:01:24- We got it, yeah!- Thank God.
0:01:24 > 0:01:27In tonight's show...
0:01:27 > 0:01:29Huh, feeling good!
0:01:29 > 0:01:34A 24 year old eco-warrior plans to save the earth by buying a million-pound eco-home.
0:01:34 > 0:01:37Ooh, ooh, yeah, it's got a really good echo.
0:01:37 > 0:01:42An 18 year old jockey hopes to buy his first house for half a million.
0:01:42 > 0:01:46It's a massive move, serious amount of money and I just hope it all goes smoothly.
0:01:46 > 0:01:48- Hello, darling.- Mummy.
0:01:48 > 0:01:55And a 24-year-old uses all her PR skills to persuade Mummy to pay for her perfect pad.
0:01:55 > 0:02:00- Oh, did I mention it's the penthouse, it's a vast space for... - Entertaining.- yeah.
0:02:09 > 0:02:12Wow, that is pretty sexy.
0:02:12 > 0:02:13Meet Zeno...
0:02:13 > 0:02:19he's one of London's richest young men and he's got some serious cash to splash on a new home.
0:02:19 > 0:02:24I am Zeno, I am 24 years old, looking for an eco-house and my
0:02:24 > 0:02:27budget is around a million pounds,
0:02:27 > 0:02:32and I don't need a mortgage at all, I can buy, I can buy outright.
0:02:32 > 0:02:35Zeno's mission in life is to save the planet,
0:02:35 > 0:02:39so he wants to buy a London home that's environmentally friendly.
0:02:39 > 0:02:43I'd like to be able to have an eco-house
0:02:43 > 0:02:48because it is a sense of that I'm giving back to the earth.
0:02:48 > 0:02:52Zeno's father was a renowned environmental campaigner, and Zeno
0:02:52 > 0:02:56wants to spend his £1 million budget on continuing his legacy.
0:02:56 > 0:03:00I want to take my father's vision one step further.
0:03:00 > 0:03:02I'd like to put quite a bit of my money that I do have
0:03:02 > 0:03:05towards the environment, helping the environment, yeah.
0:03:05 > 0:03:07Hi, nice to see you again.
0:03:07 > 0:03:12Nice to see you again too, nice to see you too, look at this foot, it's beautiful.
0:03:12 > 0:03:16Thanks to a multimillion pound trust fund, Zeno is a man of leisure.
0:03:16 > 0:03:23I do not need to work to get money actually, I'm very lucky like that.
0:03:23 > 0:03:31As a devotee of meditation he fills his day nourishing his mind, body and soul.
0:03:31 > 0:03:36I like to wake up and then I go to the gym and spend an hour with my personal trainer...
0:03:36 > 0:03:42he really kicks my bottom and then in the evenings I like to do yoga and meditation.
0:03:42 > 0:03:45And I stand up like this for at least about a minute,
0:03:45 > 0:03:53so the blood rushes straight to your head, you're not as attached to external outcomes in the world.
0:03:53 > 0:03:56Huh, it feels fantastic.
0:03:57 > 0:04:00MUSIC: "Dog Days Are Over" by Florence & The Machine
0:04:01 > 0:04:07For one young man in the Cotswolds, moving into his very own home is tantalisingly close.
0:04:07 > 0:04:12My name's Sam, I'm 18, and fingers crossed, I've just bought my first property,
0:04:12 > 0:04:16um, for 455,000, that's a lot of money.
0:04:19 > 0:04:26£455,000 is a lot of money for an 18-year-old, but Sam isn't your average teenager.
0:04:26 > 0:04:32I work as a professional jockey, I love my job, I get paid to do something I would do as a hobby.
0:04:32 > 0:04:39Despite his tender years, Sam currently ranks in the top ten British jump jockeys in the country.
0:04:39 > 0:04:44Done very well recently, the money's coming in well at the moment but I've had a few big winners and
0:04:44 > 0:04:50I'm, hopefully I'm not being spoilt, I'm appreciating every win I get and I'm loving every ride I get as well.
0:04:50 > 0:04:54He may be earning the big bucks now, but in such a dangerous sport
0:04:54 > 0:04:56there's no telling what is round the corner.
0:04:56 > 0:04:59Racing you're obviously facing this danger every day
0:04:59 > 0:05:02so to invest the money well you have is a good thing to do.
0:05:02 > 0:05:04Sam needs to safeguard his future.
0:05:04 > 0:05:10If you look to your right in two seconds, that's my house, that one, the one in the middle.
0:05:10 > 0:05:15Sam is spending around half a million pounds on his three bedroom home.
0:05:15 > 0:05:18This is my house, the one I've just purchased in the middle,
0:05:18 > 0:05:21I'm very proud of it and very excited to see it.
0:05:21 > 0:05:27He may have exchanged contracts, but he still hasn't got the keys and there's a long way to go.
0:05:27 > 0:05:32It's a massive move, a serious amount of money and I just hope it all goes smoothly.
0:05:35 > 0:05:39And it's time to catch up with glamorous Sophia.
0:05:39 > 0:05:43Hi I'm Sophia, I'm 24 and I'm looking for somewhere fabulous.
0:05:43 > 0:05:48She's currently renting a plush pad in the tallest residential tower in London,
0:05:48 > 0:05:51at a cost of almost £2,000 a month.
0:05:51 > 0:05:57Like many young people, Sophia wants to get on the first rung of the property ladder,
0:05:57 > 0:05:59but she's doing it in her own style.
0:05:59 > 0:06:04I'm not gonna look for anything above a million pounds and I'm certainly not looking at anything
0:06:04 > 0:06:09for under 495, because in London you can't get anything fabulous for under that price.
0:06:11 > 0:06:16With a new PR company to keep afloat, Sophia is depending on a financial backer for her purchase.
0:06:16 > 0:06:18Her mother!
0:06:18 > 0:06:21We can easily gather some funds together
0:06:21 > 0:06:25and I'm sure Mummy would lend me some money if it was for property.
0:06:25 > 0:06:27- I knew there was a reason for my being here.- Yes.
0:06:27 > 0:06:29Hm.
0:06:29 > 0:06:35She's agreed to double Sophia's deposit, as long as the property is also to her liking.
0:06:35 > 0:06:40And I keep telling her constantly how fortunate she is to have me,
0:06:40 > 0:06:42she is.
0:06:42 > 0:06:49Previously, Sophia saw several places that simply didn't cut the mustard.
0:06:49 > 0:06:56- Mummy, I can see why it's not over a million, can you?- Hm, I thought it was terribly claustrophobic, Sophia.
0:06:56 > 0:07:00But after months of searching, she fell in love with a spacious
0:07:00 > 0:07:04Hampstead penthouse near an area known locally as Millionaire's Row.
0:07:04 > 0:07:07Wow, oh, I love this.
0:07:07 > 0:07:10- Oh, my God. - And there's a walk-in wardrobe.
0:07:10 > 0:07:15Now she just has to convince her mother to part with the money to buy it.
0:07:15 > 0:07:19You can imagine just making the most fabulous place in the world.
0:07:19 > 0:07:21Oh, I really like it.
0:07:25 > 0:07:32Last year, around 100,000 first time buyers weren't able to get a foot on the property ladder.
0:07:32 > 0:07:35However 18-year-old Sam's career means he doesn't have this problem,
0:07:35 > 0:07:39and he's due to complete on his first home.
0:07:39 > 0:07:43But to secure his dream pad, he needs to pay the deposit today.
0:07:43 > 0:07:47Hi, please can I transfer my money to NatWest please?
0:07:47 > 0:07:54Problem is, Sam still holds a child's bank account and he needs an adult account to transfer the money.
0:07:54 > 0:07:56Mum, they can't do it over the phone.
0:07:56 > 0:07:59- (Ask them how you do it.) - How do we do it, sorry.
0:07:59 > 0:08:05Well, he has saved £23,000, which is think is great for an 18-year-old in the six months that
0:08:05 > 0:08:10he's been a professional jockey; he's probably saved another £25,000.
0:08:10 > 0:08:15We'd have to go into the branch to do it, all right, thank you very much, all right, bye.
0:08:15 > 0:08:18I think every child should be given a pound
0:08:18 > 0:08:23and told to go and see how far they can get on it, you know they've got to learn the value of money.
0:08:23 > 0:08:28And he certainly has. The greatest lesson anybody can learn is the value of money,
0:08:28 > 0:08:33along with manners, I'm afraid I'm a stickler for manners as well!
0:08:33 > 0:08:35Right, this will be interesting.
0:08:35 > 0:08:40I managed to put down £120,000 deposit. £60,000 was my own,
0:08:40 > 0:08:43but £60,000 was... My dad's put the other half down,
0:08:43 > 0:08:48but otherwise I try and save every penny I can,
0:08:48 > 0:08:53because to be honest this mortgage is a new experience for me and it's quite scary.
0:08:53 > 0:08:57Yeah, all done, and they've swapped all the funds over to the one account...
0:08:57 > 0:08:59it took them a discussion, but it's done.
0:08:59 > 0:09:01Now I can go to KFC!
0:09:07 > 0:09:10- Afternoon, I like your earrings. - Thank you.
0:09:10 > 0:09:14Part of Zeno's environmental vision is to live in a house that is eco-friendly,
0:09:14 > 0:09:19so today his house hunt begins at a swanky new development that gives back to the planet.
0:09:19 > 0:09:21- Hi.- Nice to meet you.
0:09:21 > 0:09:23- Nice to meet you too. - Eco friendly houses.
0:09:23 > 0:09:27- Yeah that's what I got excited about it. I like your tie by the way. - Well, thank you.
0:09:27 > 0:09:32At £2 million, this may be over budget, even for Zeno,
0:09:32 > 0:09:35but this plush pad claims to neutralise its own CO2 emissions,
0:09:35 > 0:09:39something the architect is keen to show Zeno personally.
0:09:39 > 0:09:42Here the whole house has a mechanical ventilation system
0:09:42 > 0:09:45that provides fresh air from the outside into all the living rooms.
0:09:45 > 0:09:46So this is the lungs of the house.
0:09:46 > 0:09:48This is the lungs of the house exactly.
0:09:48 > 0:09:50Wow, look at this, I love it.
0:09:50 > 0:09:53Well, I like the enormous windows.
0:09:53 > 0:09:56# First I will survive I was terrified... #
0:09:56 > 0:09:58Ooh, ooh...
0:09:58 > 0:10:01yeah, it got a good echo, I like it in here even more.
0:10:01 > 0:10:03I like the smell,
0:10:03 > 0:10:07I know that smell, it drives, it drives me wild.
0:10:07 > 0:10:12I think you want to be a bit careful because I think that's, um, that's probably off gassing from some paint.
0:10:12 > 0:10:14Oh, right, OK.
0:10:14 > 0:10:19Wow so I could lie in here, my toes would get all warm and, er, toasty,
0:10:19 > 0:10:26boil yourself, and then you get out in your big thick white dressing gown,
0:10:26 > 0:10:28and look down on all the people below,
0:10:28 > 0:10:34ah, OK I should wear shoes because my feet are getting very cold, oh, it's freezing.
0:10:34 > 0:10:36- Here you are.- Thank you.
0:10:38 > 0:10:40Well, the good thing to know,
0:10:40 > 0:10:43- these railings are very strong, they can support my weight.- Yeah.
0:10:43 > 0:10:47How much would a house like this cost on average?
0:10:47 > 0:10:50Er, on the market of an average for about two and a quarter million.
0:10:50 > 0:10:53Oh, OK. God! I like the height of this house. It makes me feel...
0:10:53 > 0:10:57like a lion king looking over his kingdom.
0:10:57 > 0:11:01HE SINGS AN AFRICAN SONG
0:11:01 > 0:11:06HE HOWLS
0:11:06 > 0:11:12If you feel like your spirits can soar here, it's lovely.
0:11:15 > 0:11:17Huh, feeling good.
0:11:20 > 0:11:25The day that Sam leaves his childhood home is fast approaching.
0:11:26 > 0:11:29And the race is on to kit out his new pad.
0:11:29 > 0:11:32This will be the first time I've moved away from my family home.
0:11:32 > 0:11:38I'm just gonna look forward to the challenge and step by step, and hopefully it'll be a good experience.
0:11:38 > 0:11:42But since Sam's never lived on his own before, this is all new territory.
0:11:42 > 0:11:46One says silk on and one says matt on, I'm not really sure what that means.
0:11:46 > 0:11:50I didn't realise painting a wall was so complicated.
0:11:50 > 0:11:53Silk, matt, one's shiny is it?
0:11:53 > 0:11:56And maybe one's not shiny.
0:11:56 > 0:11:59- Who has shiny walls? - Don't really have a theme as such,
0:11:59 > 0:12:04it's just gonna be my house, and just try and make it as homely as I can and warm and nice the way I like it.
0:12:06 > 0:12:13Sam will be living all by himself in a sleepy village in the middle of the Cotswolds, Gloucestershire.
0:12:15 > 0:12:19Properties come at a premium in this area and Sam's three bedroom house
0:12:19 > 0:12:21has cost him nearly half a million pounds.
0:12:21 > 0:12:23But it's all worth it.
0:12:23 > 0:12:26I like the fact that it's very close to home
0:12:26 > 0:12:29and I obviously don't want to be too far away from my friends and family.
0:12:29 > 0:12:31And it will be nice to have to live in and just call own.
0:12:31 > 0:12:35I like to think my mum will be popping in now and again just to check up on me.
0:12:39 > 0:12:43Back in London, Sophia is preparing for her mother's arrival.
0:12:43 > 0:12:46She's been summoned to view the flat Sophia wants to buy.
0:12:46 > 0:12:51Mummy's coming all the way from Yorkshire to take a look at this place.
0:12:51 > 0:12:54- Hello, darling.- Mummy.
0:12:54 > 0:12:57How lovely to see you.
0:12:57 > 0:13:02The flat Sophia wants costs a hefty £859,000.
0:13:02 > 0:13:04Anyway, I've ordered us a glass, a bottle of Chablis.
0:13:04 > 0:13:09And of course it's really important what her opinion is
0:13:09 > 0:13:12because at that price I really need her financial assistance.
0:13:12 > 0:13:18Her mother has agreed to double Sophia's deposit, as long as she feelsit's a good investment.
0:13:18 > 0:13:20It's time for the hard sell.
0:13:20 > 0:13:26So it's fabulous, it's two double bedrooms, there's a spiral staircase which goes all the way up,
0:13:26 > 0:13:33- oh, did I mention it's the penthouse, the other thing is you know Mary Poppins, the Captain who has...- Yes.
0:13:33 > 0:13:36who's on the top of his boat and he's like "Ahoy there", it's sort of like that.
0:13:36 > 0:13:39You could deck it, you could even put in a hot tub...
0:13:39 > 0:13:44really make it fabulous, but it's just a vast space for...
0:13:44 > 0:13:46- Entertaining.- Yeah.
0:13:46 > 0:13:52Well, I'm more than happy to come and look and give you the value of my opinion.
0:13:53 > 0:13:55Cheers, oh, wait, tits and heels.
0:14:01 > 0:14:05After weeks of waiting, Sam is due to pick up his house keys today,
0:14:05 > 0:14:09but this young man just can't wait to get in.
0:14:09 > 0:14:10Pretty snazzy, innit?
0:14:10 > 0:14:13Might have hidden the key up somewhere.
0:14:13 > 0:14:15Ah no, it is locked.
0:14:15 > 0:14:20It's looking a bit grubby, you left... oh, there's hair in the sink.
0:14:20 > 0:14:22See, it's got double glazing and everything.
0:14:22 > 0:14:24Oh, look, we'll go round the back.
0:14:24 > 0:14:27No, I just want to go outside.
0:14:27 > 0:14:31Sam may well be the proud owner of a three-bedroom house, but having
0:14:31 > 0:14:35only ever lived with his parents he doesn't own a stick of furniture.
0:14:35 > 0:14:37- Get.- Beds, beds, beds, beds, beds.
0:14:37 > 0:14:39What about something like that?
0:14:39 > 0:14:41I think you've got delusions of grandeur.
0:14:41 > 0:14:43I think I'm gonna buy this one, why not?
0:14:43 > 0:14:46Let's get in the real world, eh!
0:14:46 > 0:14:48- It's not big enough.- Not big...?!
0:14:48 > 0:14:51You know when you're really tired.
0:14:51 > 0:14:53Too springy.
0:14:58 > 0:15:01It's a good bed, not too big and it's not too small,
0:15:01 > 0:15:05and it's just everything I was looking for in a bed really.
0:15:05 > 0:15:10- Cheers.- Thank you.- Bye, bye. - OK, let's go.
0:15:10 > 0:15:12- Thank you very much.- Give me a kiss.
0:15:12 > 0:15:16'It's quite sad. I mean I will miss him,'
0:15:16 > 0:15:19but I'm so pleased for him, and it's lovely,
0:15:19 > 0:15:21but it's a big thing I think for all of us actually.
0:15:21 > 0:15:26I think if I buy his bed that's a nice thing to do isn't it, probably the last thing I'll do for him.
0:15:26 > 0:15:29Yes, I'm not gonna cry, I'm not gonna cry.
0:15:29 > 0:15:35House prices in the capital are a whopping 75% higher than the national average...
0:15:35 > 0:15:42this two bed in London's exclusive Hampstead cost a staggering £859,000.
0:15:43 > 0:15:46- So this is it, huh?- This is it.
0:15:46 > 0:15:52But Sophia is in love with it and needs her mother to feel the same way, so she'll stump up the cash.
0:15:52 > 0:15:54Where shall we start?
0:15:54 > 0:15:55The reception room's over here.
0:15:55 > 0:15:57- After you.- Thank you.
0:15:57 > 0:16:01Now if I think it's, er, a viable proposition, yes,
0:16:01 > 0:16:06I would be quite happy to help her but I must be absolutely certain.
0:16:06 > 0:16:09What do you think?
0:16:09 > 0:16:11I like the kitchen.
0:16:11 > 0:16:13It's huge, isn't it?
0:16:13 > 0:16:17Not exactly huge, Sophia, but it's a very, very good size.
0:16:17 > 0:16:19- It's really great.- And the view is...
0:16:19 > 0:16:21- Is lovely.- Spectacular.
0:16:21 > 0:16:26And now this is the master bedroom with en-suite bathroom and a walk-in wardrobe as well.
0:16:26 > 0:16:28- Yeah, this is what Ruth and I got excited about.- I bet you did.
0:16:28 > 0:16:31- We did.- I'll bet.
0:16:31 > 0:16:33It looks small from the entrance. But it's actually...
0:16:33 > 0:16:36- Yes, it has quite a depth to it doesn't it?- Yes.
0:16:36 > 0:16:38I would find that very useful.
0:16:38 > 0:16:40Me too...
0:16:40 > 0:16:44- and I just thought this room was a really lovely size.- Yes, it is.
0:16:44 > 0:16:46I want to show you the roof.
0:16:46 > 0:16:48This wouldn't be very good on a...
0:16:48 > 0:16:50after a...
0:16:50 > 0:16:53party on the terrace, Sophia.
0:16:55 > 0:16:59I think the longer Mummy's here the more she's warming to the place.
0:16:59 > 0:17:01And it goes all the way round.
0:17:04 > 0:17:11But I hope that she's starting to see the potential of the place because I just think it could be so amazing.
0:17:11 > 0:17:13What do you think?
0:17:13 > 0:17:17You're not very impressed, I can tell.
0:17:17 > 0:17:19That's where the paint is sort of...
0:17:19 > 0:17:21- Oh, my lord.- Yeah.
0:17:21 > 0:17:23It needs a new ceiling...
0:17:23 > 0:17:29- It's just.- It's the plasterwork is what is coming off everywhere, maybe it just needs re-plastering.
0:17:29 > 0:17:34It's possibly just cosmetic and it certainly at the moment is not
0:17:34 > 0:17:41the standard that either Sophia would want, or I would either. It's shabby.
0:17:41 > 0:17:48There's just so much space and I just think you could make it like this fabulous pad.
0:17:48 > 0:17:52You could with an enormous amount of money spent on it.
0:17:52 > 0:17:56But that's why it's under a million because it needs that money spending on it.
0:17:56 > 0:18:00Yes, I realise Sophia it's, er, reflected in the price.
0:18:00 > 0:18:05How much do you think, I thought maybe 50,000, you think more.
0:18:05 > 0:18:07There's a hundred in front of that.
0:18:07 > 0:18:09Why, what on?
0:18:09 > 0:18:14Well, if you're replacing the kitchen and the bathrooms.
0:18:14 > 0:18:16Yeah that's 30,000.
0:18:16 > 0:18:21- Each.- No.- Oh, come along Sophia,
0:18:21 > 0:18:25I know of people that spend 150,000 on a kitchen...
0:18:25 > 0:18:28but there are kitchens and kitchens.
0:18:28 > 0:18:31Thank you.
0:18:31 > 0:18:35You have to decide you see,
0:18:35 > 0:18:37on the enormity of the project,
0:18:37 > 0:18:44and have you got the time to oversee workmen and so on.
0:18:44 > 0:18:47Well, I think we should think about it.
0:18:47 > 0:18:50- We will.- Anyway shall we? - Yes, let's.
0:18:57 > 0:19:02Unlike Sophia, Zeno is less concerned with the ritzy postcode.
0:19:02 > 0:19:06What's key for him is the property's carbon footprint.
0:19:07 > 0:19:12He's already looked at one eco house, but that was a million pounds over budget.
0:19:13 > 0:19:19- So today he's viewing another eco property in Richmond, South West London.- Fantastic I'm Zeno.
0:19:19 > 0:19:21- Pleased to meet you. - You can call me Zeno...- OK.
0:19:21 > 0:19:23- Fantastic, I'll call you... - Welcome to Natropolis.
0:19:23 > 0:19:29This new development is state of the art, and comes in at a million pounds.
0:19:29 > 0:19:33Wow there's, there's almost like there's no outdoor inside.
0:19:33 > 0:19:35- Yes.- It transcends outdoor and inside area.- Absolutely.
0:19:35 > 0:19:39Hence Natropolis which is a mixture of metropolis and nature.
0:19:39 > 0:19:42That is actually a genius idea, seriously.
0:19:42 > 0:19:45- So that's the whole... - It's intelligence.
0:19:45 > 0:19:48And this is the area that we designed to have outside
0:19:48 > 0:19:52table and chairs listening to the, the sound of water, very peaceful.
0:19:54 > 0:19:59I could imagine I could just reflect on it, moving water.
0:19:59 > 0:20:01And from one water feature to another.
0:20:01 > 0:20:03Instant hot water so there's no kettles.
0:20:03 > 0:20:06That's amazing, so I can have tea whenever I wanted, look at that.
0:20:06 > 0:20:08You can have tea, coffee.
0:20:08 > 0:20:10If you do want a toaster there, just plug in your toaster.
0:20:10 > 0:20:14Wow, oh, that's clever, I can have toast and tea.
0:20:14 > 0:20:16Well, how much noise emanates out of all this.
0:20:16 > 0:20:24- Out from where.- Out from inside, hello, hello, hello, hello. Say hello.
0:20:24 > 0:20:30For most of us, a typical UK house price is £223,000.
0:20:30 > 0:20:34Zeno has a cash budget nearly five times that much.
0:20:34 > 0:20:39- Now let's talk about prices. - This apartment here is on sale at 995,000.
0:20:39 > 0:20:44And, er, would you be up for going down on a particular price, what is your lowest.
0:20:44 > 0:20:47- I think it would be down to you to make an offer...- Hm.
0:20:47 > 0:20:49I'd be interested to know what your offer is but I think
0:20:49 > 0:20:52- we'd probably have to involve our agents as well on that.- Yes, yes.
0:20:52 > 0:20:57- I think you would be very comfortable here, I think it would suit you.- I like...
0:20:57 > 0:21:01The million pound pad may tick most of his boxes, but Zeno is as flush
0:21:01 > 0:21:07with time as he is with money, and decides to continue his quest for the perfect place.
0:21:12 > 0:21:15Now we must be careful when crossing the road.
0:21:15 > 0:21:2218-year-old Sam is just about to get the keys to his own £455,000 pad.
0:21:22 > 0:21:27- Just sign here.- Here. - Yeah just in that bit there. There you go it's just the one key.
0:21:27 > 0:21:29Brilliant thank you very much.
0:21:30 > 0:21:35- All done, very exciting, just got to go to the house now. - How do you feel?
0:21:35 > 0:21:38Seriously excited. Unreal, isn't it?
0:21:50 > 0:21:53"Dear Sam, we will miss you so much, really hope you will be very happy.
0:21:53 > 0:21:59"We are only a hop, skip and a jump away if you need us, lots of love, Mum."
0:21:59 > 0:22:01Oh, that's nice innit. Oh!
0:22:05 > 0:22:07There's no lights in here.
0:22:10 > 0:22:13Right, this is class,
0:22:13 > 0:22:15spare bedroom,
0:22:15 > 0:22:21there are two spare bedrooms, another bathroom and a master bedroom.
0:22:21 > 0:22:24I didn't realise you needed lights everywhere.
0:22:24 > 0:22:26I won't be able to stay here tonight cos I don't have any lights.
0:22:26 > 0:22:30The enormity of being a homeowner is starting to sink in.
0:22:30 > 0:22:34No, just a bit shocked. It's the whole reality of it really.
0:22:34 > 0:22:38It's a lot of money to borrow for someone who's only 18.
0:22:42 > 0:22:46Can't decide which one I want to put my pots and pans in.
0:22:46 > 0:22:49Yeah I'll
0:22:49 > 0:22:52I'll keep that there just in case I need to grate some cheese.
0:22:54 > 0:22:57I think I'll change the place I want my microwave.
0:23:02 > 0:23:05Oh, I think I preferred it where it was before.
0:23:07 > 0:23:14For first-time buyer Sam, this new three bedroom house suddenly feels very, very big.
0:23:14 > 0:23:16It does just feel so empty, doesn't it?
0:23:16 > 0:23:20I originally just thought you walk through and go, "this is home".
0:23:20 > 0:23:22It just doesn't feel like it quite yet
0:23:22 > 0:23:24as maybe there's nothing in here, but we'll see.
0:23:24 > 0:23:27Bit by bit and it'll feel a lot more homely.
0:23:30 > 0:23:37Sam may have moved into his dream home, but 24-year-old Sophia is in a hurry not to let hers go.
0:23:37 > 0:23:45She wants her mother to help her purchase a penthouse in London on the market for £859,000.
0:23:45 > 0:23:50I think you're talking a great deal more money to make it the way you would want it.
0:23:50 > 0:23:55I just think the place has so much potential and it's not a bad price and I just think someone else
0:23:55 > 0:24:00is gonna snap it up and then it's gonna be two million before you know it.
0:24:00 > 0:24:08- The thing that troubles me is that at the moment you've got this new business.- The business is fine.
0:24:08 > 0:24:12And that should be your main focus, it has to be, Sophia.
0:24:12 > 0:24:14I know but I'm really good at my business, I'm fine.
0:24:14 > 0:24:17You want everything now, now, now. Life isn't like that.
0:24:17 > 0:24:22Are you saying you don't want me to invest in a property altogether?
0:24:22 > 0:24:26Or are you saying you just don't think I should invest in that property?
0:24:26 > 0:24:30If you want the bottom line, I really do feel you've got to
0:24:30 > 0:24:32concentrate on one thing at a time
0:24:32 > 0:24:36and then you will have the money in your grubby little hand
0:24:36 > 0:24:42to spend on whatever property takes your fancy,
0:24:42 > 0:24:46and there is always, always something to buy.
0:24:46 > 0:24:50You're right I'd be a little bit silly to rush into
0:24:50 > 0:24:57something that I don't quite have the time to make as great as I'd want it to be.
0:24:57 > 0:25:01I think I'll start looking again in another six months.
0:25:02 > 0:25:05While Sophia has to start over...
0:25:07 > 0:25:09..Sam is crossing the finishing line.
0:25:09 > 0:25:11Hello, welcome to my new house.
0:25:11 > 0:25:16And he's celebrating by having his mum and his brother over for a family lunch.
0:25:16 > 0:25:23I was actually gonna cook for them today but I haven't actually got round to going to the shops.
0:25:23 > 0:25:26- Hi would you like to come down. - 'Yes, are you ready for us?'- Yeah.
0:25:26 > 0:25:28'Do you want us to bring anything?'
0:25:28 > 0:25:34Actually you could do, and we could make something here, what do you fancy for lunch, beans on toast?
0:25:34 > 0:25:38- I don't have anything to cook that's the problem. - 'Or we could have chips.'
0:25:38 > 0:25:41Yeah that'll do, I'll turn my oven on now.
0:25:41 > 0:25:43It's on.
0:25:44 > 0:25:47Sam's mum has arrived with emergency supplies.
0:25:50 > 0:25:52That's quite evenly spread, wouldn't you say?
0:25:52 > 0:25:57And she can't resist having a peak to see how her son is settling in.
0:25:57 > 0:26:00Yeah I mean I think it's actually lovely, isn't it?
0:26:00 > 0:26:01He's got his own pictures up,
0:26:01 > 0:26:03all his stuff from his bedroom.
0:26:03 > 0:26:06I can't help myself I've got to straighten them.
0:26:06 > 0:26:12I think he's doing incredibly well, his little food stash is a little bit low,
0:26:12 > 0:26:18but I think he's doing really well and I think he'll be very happy down here, so it's all good.
0:26:19 > 0:26:24A bit crispy, oh, at least they're well cooked.
0:26:24 > 0:26:26It's a good way of putting it.
0:26:26 > 0:26:28- Help yourself to chips.- Please.
0:26:28 > 0:26:33Hm, nice aren't they?
0:26:33 > 0:26:35I was expecting roast beef.
0:26:36 > 0:26:40Sam has achieved what most of the country could only dream of.
0:26:40 > 0:26:44He's bought his first home at the tender age of just 18.
0:26:46 > 0:26:50This is my dream first house and I just want to spend all day here.
0:26:50 > 0:26:52Cheers.
0:26:52 > 0:26:57To own a property is a real privilege and I just, I love living here.
0:27:00 > 0:27:07- Off we go!- Next time, Zeno's million pound quest to save the planet takes a different direction.
0:27:07 > 0:27:10Wow I'm going to be having a one cool pimping place to have.
0:27:10 > 0:27:13We meet 18-year-olds Johnny and Kieron, who are more interested
0:27:13 > 0:27:17in potential flatmates than the flat itself.
0:27:17 > 0:27:20We want them young and we want them blonde and we want them skinny.
0:27:20 > 0:27:24And 22-year-old Josh is preparing to fly the nest
0:27:24 > 0:27:28into his very own £350,000 flat.
0:27:28 > 0:27:31He thinks he wants independence, you've got independence, I don't know.
0:27:31 > 0:27:34Yeah but I do, I do, but it's...
0:27:34 > 0:27:37- No, no what he wants is a little bit of pain, isn't it?- Yeah.
0:27:54 > 0:27:58Subtitles by Red Bee Media Ltd