The best value commuter towns for London's first-time buyers
First-time buyers can get more for their money in these commuter towns Shut out of the lending market and desperate for more space, it is little surprise that the proportion of first-time buyers in London has fallen. But where should reluctant renters turn their attention to if they want a bargain in commuting distance of the capital? Only 17pc of purchases in the capital are new homeowners, down from a fifth in February 2020, according to Reallymoving, a quote service for home movers. Young buyers with small deposits have been effectively cut out of the market for most of the last year.
Source: telegraph.co.uk