Oxford is a good city for first time buyers, due to high salaries and good job opportunities. Bath is a second good choice because of available jobs and large companies there. Wolverhampton has affordable housing. York has a low theft rate. Aberdeen has high incomes and average housing prices.
Five of the worst cities for first time home buyers are London, Newry, Hull, Sheffield, and Leicester. London has very high prices, and a high theft rate. Newry and Hull have lower incomes and job opportunities. Sheffield scores low on job opportunities, and has a high theft rate. Leicester has very low average income.
Key Takeaways:
- First time home buyers have a lot of options now at their disposal. Their choices are at the highest level in almost a decade.
- The property ladder will be made available to these first time home buyers. They should check out the great mortgage deals that they can sign on to soon.
- The best and worst cities for mortgage offers can be discussed in full. That will be informative and helpful for a lot of people as well.
“Following the news this week that mortgages for home buyers hit their highest level for a decade, arguably there’s never been a better time to get on the property ladder.”