Being a first time buyer is hard in the UK at the moment, with deposits having doubled since 2006. The situation is at its worst in London, but Birmingham has some potential locations where you can find a steal. Even though £24,000 is still a lot of money, the following are a list of some of the best properties where first time buyers can look to purchase housing at rates below the national average.
- To help any potential house hunters looking to start climbing the property ladder, we’ve found some of the best property bargains in Birmingham
- In 2016, the average price paid by a first time buyer in the West Midlands was £159,732, with an average deposit of £24, 162.
- Compared to the average in London of £400,000, this might seem cheap – but £24,000 is still a lot of money to save.
“In 2016, the average price paid by a first time buyer in the West Midlands was £159,732, with an average deposit of £24, 162.”
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