17 Aug

Homebuyers encouraged to purchase houses for sale in the north

Homebuyers encouraged to purchase houses for sale in the north

People have been encouraged to buy houses for sale in the north after a survey revealed that its seaside towns provide the most affordable properties.

The Halifax Seaside Town Quality of Life report stated that Yorkshire's Bridlington, Withernsea and Hornsea were found to be the best places in the country for homebuyers looking to live beside the sea.

This is because, out of the coastal towns, these areas do not come with a "hefty price tag".

"For homebuyers who dream of 'being beside the seaside' there are good value hotspots where you don't compromise on the standard of living," Nitesh Patel, housing economist at Halifax, said.

It was added that homes in southern seaside towns are very expensive to buy and that the south-west remains "the most unaffordable region".

As well as being inexpensive, it was found that these seaside towns, in addition to Scotland's Peterhead and Fraserburgh, offered homebuyers a good quality of life.

This report comes despite Timothy Lambert, head of consulting at Ducalian, saying houses in the north are more "susceptible" to the fragile economy than the property market in the south.ADNFCR-1222-ID-800028611-ADNFCR

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