My daughter committed a mistake when buying her first home and she is paying for it even when trying to buy her second. Like most other first time home buyers, she had a strict budget to follow. So, to save money, she decided to buy a home located in one of the most unassuming parts of the country.
Years have passed since then and now she is planning to buy a bigger home and sell the previous one. The bad news for her is that the status of the location hasn’t improved much; as a result, she is struggling to find suitable buyers for the house. This forced me to come up with a relevant post. Read through the section below to know what the best areas of the UK to buy your first home are.
This part of the UK is a haven for individuals looking to take their career to new heights. Many big companies have started shifting their head offices to this part of Birmingham. The outskirts of Digbeth’s city centre are home to industrial buildings, which have been transformed into desirable modern apartments. In addition, the nightlife and vibrant music scene of Digbeth would provide young people with enough options to enjoy after work.
The demand for property in Totterdown is pretty high. As a result, the average price of a house in this suburb of Bristol is a bit high. That shouldn’t stop first time home buyers from buying a home here as they would get umpteen options to enjoy their life and have great careers when in Totterdown. The suburb offers everything from music, architecture, street art, city life to growing industries.
The recent years have seen Southampton undergo constant developments. This has rejuvenated the city centre significantly and has started to attract young professionals from different parts of the UK. You will get a suitable home here irrespective of the budget you have. Recently obtained numbers suggest that you can purchase a house is Southampton by spending as little as £90,000. Buying a home here would be a good decision also because the city offers opportunities of taking part in various recreational and social activities. The transport links of the city is also pretty good.
The past few years have seen the population of Swindon increase pretty rapidly. Statistics obtained recently revealed that since 2007 the place has experienced a population rise by over 11,600. The moderate price of houses in Swindon and the constant growth the town is undergoing make it a perfect place for buying your first house.
Liverpool City Centre
Many young professionals graduating from the Liverpool University stay back here thanks to the low price of property here. No other major town in the United Kingdom has as many houses for sale under £200,000 as Liverpool.
The city has experienced significant development in its infrastructure in the past few years. However, that couldn’t increase prices of properties in this part of the United Kingdom much. This is the perfect time for buying a house in Liverpool and further investments in infrastructure will result in price inflation.
If you want more specific info on certain areas, you may attend property meets where you can talk to experienced investors who are familiar with the place. I usually recommend the Pin Meetings of Simon Zutshi and the Community Meetups of Rick Otton, because those are held monthly in different locations. Sign ups are free so access to the events are convenient.Tags: best places to buy uk property, best property for first time home buyers, first time home buyers