Top Preferred Cities of Home Buyers in UK

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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 as your own, but, you need to be able to ready for the responsibility that come’s 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 suites your budget, your lifestyle, and your family. Now that there are improvements being pushed by the Conveyancing Association, more aspiring home owners are stepping outside of their comfort zone and are starting to shop for their ideal home. As one of the best removal companies in Watford, the Super Man With a Van shares with us the most preferred cities of home buyers.

Man and Van Watford

  1. 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 really is very inviting to aspiring home owners. Aside from the tempting prices of the houses, big and known companies like the 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 are needed, manpower means more jobs, more jobs means more earning citizens. Young adults who are starting of with their careers and start to build a family would really love to stay in Copeland.

 

  1. 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 ambiance, 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 until £100,000. The city is clean perfect for those who really want a quite type of lifestyle.

 

  1. 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 present. It boasts a lot of aerospace and manufacturing companies making it a target for those who want a job and a home.

 

  1. 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. 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.

 

  1. 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, 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.

 

  1. East Ayrshire

Property price to wage ratio: 5

Average price of houses: £90-93,000

Average yearly wage: £20-23,000

There are only a number of properties for sale in this area as well as the ones who 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 Removal 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.

 

  1. Pendle, Lancashire

Property price to wage ratio: 5

Average price of houses: £90-95,000

Average yearly wage: £19-25,000

Yes, the city life is very wonderful, that is if you are the city type of person. If busy streets and people walking in a fast pace is 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 are loving the country vibe, the prices of properties in the city has also become a little bit expensive. The price is worth however. So if you love a beautiful scenic view, then invest a property in Pendle, Lancashire.

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