Nottingham finds itself in the top three cities in the United Kingdom for first time buyers. A study by Post Office Money states that 89% of the homes in Nottingham are suitable for first time home buyers. The study was completed by assessing the average salary of the area and comparing that to the cost of the homes in the area. If the home was less than 4.5 times the average income of the area then it was deemed affordable to first time buyers.

Key Takeaways:

• Nottingham is definitely an area that first time buyers should be interested in.
• Not only are prices an incentive, but the quality of living is better for first time buyers.
• Nottingham houses a wide array of different properties which are good to invest in.

“Research carried out by Post Office Money finds that almost 90% of Nottingham’s properties are suitable for first-time buyers (FTB), placing it third in the UK for affordability.”

Read more: https://westbridgfordwire.com/nottingham-named-uks-top-3-cities-first-time-property-buyers/