A home in the UK for the price of an inexpensive car is really

The titles of the real estate portals are full of advertisements for the sale of housing, one more than another. Currently, the average price of real estate in the UK is £220000 – a figure documented and confirmed by different studies and official sources. The main reason why the potential buyer cannot afford their own housing, the size of the Deposit, which should be 25% of the cost of housing, as the monthly rental rate is comparable to the value of the monthly payments on a mortgage loan.

However, the real estate company HouseSimple decided to conduct a study of whether the market housing is much cheaper and what is the minimum price you can buy property in the United Kingdom. The company claims that if you want on market you can find a house or apartment cost from £5,000 pounds, which is comparable to the cost of an inexpensive car.

The cheapest property – apartment with a starting price of £5,000 were discovered in the suburbs of Glasgow to the two bedroom cottage was discovered in the Scottish West Calder with a starting price of £9000. Another cheap – down house with two bedrooms in Peterlee is £12000. Of course, both require additional investment. In most properties, the price of which is not above £15000, located in the West of Scotland. For example, in Newmilns for sale one-bedroom apartment for £10000. Of course, these houses and apartments may be of interest to certain buyers who are willing to a large amount of work and are ready to invest additional funds. But this study shows that the real estate market of UK housing is much cheaper than the average market price in other regions of the UK and even in London. This requires a thorough search.

In General, the market of real estate of England is the turning point in favor of buyers. It is a good time to seek out and sellers become more flexible. If you have spare cash and are ready to deal right now, there is a big chance that you will get a good discount.

® Helen Entree. 14.08.2017 G.

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