30 Aug Top Preferred Cities of Home Buyers in UK
Investing in something is one big decision to make especially if you invest in a home. Yes, the reward is great because you get to call it your own, but, you need to be able to be ready for the responsibility that comes with it. You have to pay the needed bills on time to avoid losing it in the long run. You also need to choose a property that suits your budget, your lifestyle, and your family. Now that improvements are being pushed by the Conveyancing Association, more aspiring homeowners are stepping outside of their comfort zone and are starting to shop for their ideal home. As one of the best house removals London companies in Watford, Super Man and Van London share with us the most preferred cities of home buyers.
-
Copeland
Property price to wage ratio: 3
Average price of houses: £114-150,000
Average yearly wage: £37-45,000
Most citizens in this city receive high salaries. The properties surrounding the city are affordable, which is very inviting to aspiring homeowners. Aside from the tempting prices of the houses, big and known companies like GlaxoSmithKline and British Aerospace Engineering are there. More companies including a nuclear site are planning to put their base in the city. This means more manpower is needed, manpower means more jobs and more jobs means more earning citizens. Young adults who are starting off with their careers and starting to build a family would love to stay in Copeland.
-
Blaenau Gwent
Property price to wage ratio: 4
Average price of houses: £80-100,000
Average yearly wage: £15-20,000
The city boasts its simple way of life. If you want the “small-town” kind of ambience, then you can choose Blaenau Gwent. Not to mention the average price to wage ratio is 4. Properties put on sale range from £80,000 to £100,000. The city is clean perfect for those who want a quiet type of lifestyle.
-
Burnley
Property price to wage ratio: 4
Average price of houses: £75-85,000
Average yearly wage: £19-25,000
Most houses put up for sale in Burnley are very affordable. It is probably the most affordable in the list. But we also have to consider the cost of living. The city maintains its great reputation until the present. It boasts a lot of aerospace and manufacturing companies making it a target for those who want a job and a home.
-
North Lanarkshire
Property price to wage ratio: 5
Average price of houses: £95-98,000
Average yearly wage: £20-25,000
Unlike the top three cities, North Lanarkshire is quite high when it comes to its home prices. The economy is also not that good since most of the people in the city are broke or poor. Even with that, the houses put up for sale are still high compared to the three above in the list. The majority of the young ones are unemployed. It’s either they are not interested in working or there’s just no work to be found at all. Since poverty is an issue, most citizens find it hard to find food for themselves. Food banks are very common in this area.
-
County Durham
Property price to wage ratio: 5
Average price of houses: £95-100,000
Average yearly wage: £21-28,000
County Durham has a lot of affordable housing schemes and they are known for it. But aspiring house owners need to know that most location of the affordable houses being put up for sale are located in the rural areas of the county. So if you plan on working near the city capital, bear in mind, that commuting is a must. University City of Durham is also here so if you want your kids to go to university or if you want to work in the university yourself, then this county is for you.
-
East Ayrshire
Property price to wage ratio: 5
Average price of houses: £90-93,000
Average yearly wage: £20-23,000
There are only several properties for sale in this area as well as the ones that are newly built. Despite the small number, properties for sale are known to be very affordable. It has always been affordable ever since. Most aspiring buyers, according to Super Man and Van House Removals Services, can’t seem to secure a property in this area because they always end up losing to another offer and not having to find a suitable property for sale again. So if you want to move here, act fast.
-
Pendle, Lancashire
Property price to wage ratio: 5
Average price of houses: £90-95,000
Average yearly wage: £19-25,000
Yes, city life is very wonderful, that is if you are a city type of person. If busy streets and people walking at a fast pace are your thing, then maybe you won’t fit in so much in Pendle, Lancashire. However, if you and your wife or husband, prefer the countryside, then you will love the properties in this city. Since more and more citizens love the country vibe, the prices of properties in the city have also become a little bit expensive. The price is worth, however. So if you love a beautiful scenic view, then invest in a property in Pendle, Lancashire.
