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Posted by Aston Avery

First time buyer hotspots revealed!

New research by Halifax has revealed Britain’s hottest locations for first-time buyers, and those stepping onto the property ladder are reshaping the local housing market.

The research, based on data from the Halifax House Price Index, analyses the areas of the country (excluding London) where first-time buyers account for the biggest proportion of home sales.

Despite a housing market characterised in recent years by high property prices and more expensive borrowing costs, these first-time buyer hotspots are proving resilient, with affordability, excellent transport links and youthful populations boosting their appeal. Thurrock is fifth on the list.

Aston spoke to Amanda Bryden, head of mortgages at Halifax.

Photo by Ethan Kent on Unsplash

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