1 Jun

There are pockets of affordable homes everywhere

There are pockets of affordable homes everywhere

People who are looking to get onto the property ladder with their first properties for sale should make sure that they are not just keeping their search to one area of the UK, despite reports saying that some are less expensive than others.

Catherine Hearnden, director of MyMortgageDirect, said that in general the north-west and areas of Wales are cheaper than other areas of the country, but reminded first-time buyers that they can be found anywhere, including the south-east.

"You get pockets in every area. Even in the south-east there are pockets where properties are much cheaper. You can pick up some bargains in some areas."

She also said that the recent increase in first-time buyers should be taken with a pinch of salt, thanks to the fact that there were more coming into the market to beat the stamp duty holiday.

More people now find it harder to get onto the property ladder because of the fact that it can cost them as much as 25 per cent of the value to pay for a deposit.ADNFCR-1222-ID-801377782-ADNFCR

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