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Study reveals cheapest towns and cities in UK for first time buyers – PropertyWire

CMHC defends mortgage stress test changes amid calls for loosening rules – North Delta Reporter OSFI's new mortgage stress test may arrive sooner than you. – OSFI’s new mortgage stress test may arrive sooner than you think Open this photo in gallery: Houses with ‘sold over asking’ signs in Mississauga, west of Toronto.

When it comes to buying your first house, the horror stories of sky-high London prices and nightmare neighbourhoods can be off-putting.. Finding the right area at the right cost can be a major concern when you’re preparing to fly the nest, but Furniture Choice has made it easy with their ranking of the top 20 locations in the UK for first-time buyers.

Halifax’s one here has an emphasis on first-time buyers to focus on what it believes customers. t be surprised to see branches of all banks across the country in big cities and towns merge into one.

It’s official: Newcastle is one of the most affordable cities for first-time buyers. A survey by Zoopla looked at the UK’s biggest 50 cities and came up with an affordability index

But did you know that it’s SO expensive, it’s actually cheaper to buy a six-bedroom house in any other UK city, except Birmingham?! This staggering statistic is just one of umpteen fascinating facts thrown up by a new price comparison tool Current Fha Upfront Mip, which reveals the cheapest places to buy and rent in the UK.

Yorkshire and the Midlands are the best value cities in the UK in terms of property costs for first time buyers, according to new research. Eight cities across the two counties offer the best deal to those seeking to get on the housing ladder based on the cost per square foot for buying a property, led by Bradford.

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Homes & Property Newsletter. The study found that the most affordable area for UK first-time buyers was Southampton, where the average house price is 199,000 and the average annual income is 57,000 (28,500, if divided equally between two buyers). This means that 98 per cent of properties are deemed to be affordable.

New research has found that the most affordable cities for first-time buyers looking to get on the property ladder are Southampton, Norwich and Nottingham. According to the Post Office, the average price of a property in Southampton is 199,074, which means 98% of properties are affordable for first-time buyers.