The best places to buy a first home in the UK

The best places to buy a first home in the UK

Buying a first home is a huge step in anyone’s life, so the location of your abode is of the utmost importance. Factor in house prices, job prospects, local average wages, crime rates and more, and you have a very difficult decision on your hands. Here are the best places to make roots in the UK, according to statistics, and they might not be what you think!

Image Credit

Worth the price

Oxford comes in at number one on the list, boasting low crime rates, good one-bed flat prices, and a close proximity to London. Add in a wonderfully photogenic town centre and an educated, high-earning populace, and it’s no wonder that Oxford has stolen a top spot. All of these benefits come at a price, however; the average first home here is £430,000. That’s twice the national average. High earning potential could even this price hike out, but that may be a turn-off for a first-time buyer.

Also on top of the “best place” list is Bath. This elegant Georgian city has two esteemed universities, and much of the population is made up of students and professionals. Regulations on building here are extremely tight, so Bath has managed to preserve its Georgian roots and offer very uniformed housing.

Image Credit

Estate Agents in Bath like are well-versed in helping buyers traverse this competitive market, especially for the first time, as cheap first homes are hard to come by in this area and get snapped up quickly.

Moving North

Other cities to watch out for are Wolverhampton, York and Aberdeen, all of which have much cheaper housing but are further away from the capital city. London ranks dead last thanks to high burglary rates and prohibitively expensive house prices. Thankfully, there are many places to go for advice on house buying, and sites like Homes And Property can help you figure out the more technical aspects of taking out that mortgage.

There are many factors involved in making the decision to place your life in a certain city. Safety and beauty have a high price tag, and if you’re prepared to be further away from London and closer to the Scottish side of life, it becomes much cheaper. It’s a balancing game, but it’s one you can win.

Leave a Reply

Your email address will not be published. Required fields are marked *