April 18 2014 Latest news:
Sunday, April 29, 2012
All in top 10 across UK
Hempstead Valley, Dartford and Bexleyheath have been identified as among the UK’s property hot spots for Britons looking to get their foot on the housing ladder.
According to Experian PropertyCheck, an online service that provides up-to-date property valuations and insights into the local neighbourhood and who your neighbours are likely to be, first-time buyers in the UK have been flocking to the areas.
They make up almost one in 10 households in Dartford (9.3 per cent of population)
The top ten first-time buyer hotspots in the UK are:
1. Milton Keynes (9.5 per cent)
2. Dartford (9.3 per cent)
3. Swindon (8.9 per cent)
4. Aldershot (8.6 per cent)
5. Hempstead Valley (8.2 per cent)
6. Basingstoke (8.1 per cent)
7. Crawley (7.8 per cent)
8. Slough (7.8 per cent)
9. Bexleyheath (7.6 per cent)
10. Aylesbury (6.9 per cent)
Peter Turner, managing director of Experian Interactive, said: “In spite of difficulties across the country in getting that first foot on the property ladder, online indicators suggest the market is improving for first time buyers. Year-on-year searches for ‘first time buyer mortgage’ were up eight-fold and searches for ’95 per cent mortgages for first time buyers’ more than doubled in the last 12 months.
“For many first time property buyers, raising the necessary deposit to secure a mortgage involves many years of hard work and sacrifice. One of the benefits of the Experian PropertyCheck service is that it’s about more than just house prices. We can use Experian’s data resources to explain more about the makeup of communities, the professions and types of household in a particular area, essentially who your potential neighbours are likely to be. “