If you are looking for some affordable residential real estate in the UK, you will find some of the cheapest properties in coastal towns and in rural areas in the north of the country. Keep in mind that it’s important to research local neighbourhoods before you decide to buy or rent a property. After all, you don’t want to live somewhere that has a very high crime rate. If you have any children, it would also be advisable to look up the catchment areas for the best local schools.
For the past twenty years, houses in London have been ridiculously expensive and outside of the price bracket of most people. However, it’s possible to buy a house in Edinburgh for a much cheaper price. What’s more, you still have all the advantages that living in a capital city brings, including a close-by international airports, great public transport links, excellent employment opportunities and easy access to loads of shops, bars, nightclubs and restaurants.
Perhaps surprisingly, many people from overseas looking to buy a house in the UK often forget to look at properties in Scotland, Wales and Northern Ireland. By restricting their search to listings in England only, they miss out on lots of great investment opportunity.
The web is a great resource for those looking to buy a house in the UK. You will find thousands of easily sortable property listings on some of the top real estate agents’ websites and dont forget about mouseprice for houseprices. You can also now use social media to find great houses, apartments and studio flats. Social media platforms are also a great place to find ads for house shares and roommates.
Before you start hunting for a property, however, it’s important to make sure you are clear about what you want. Perhaps think about making a list of your requirements in order of importance. For example, how many bedrooms do you need? Do you want access to a private garden? Do you want a flat, detached home, bungalow, townhouse, studio apartment, bedsit or something else? How much money do you have to invest? Are you a cash buyer or will you be applying for a mortgage? The way you plan to finance your purchase can have a big impact on the types of properties you can buy. Just keep in mind that you need to be clear what it is you are looking for before you contact a UK estate agent.