The Mortgage Bureau
The Mortgage Bureau
Feb 17, 2020
Property values are an average 12% higher in market towns compared to the surrounding county, research from Lloyds Bank found. But in Beaconsfield, Buckinghamshire, buyers can expect a whopping 162% price increase compared to the surrounding area. Homes in the popular town typically have a price tag that exceeds £1m on average. Henley-on-Thames and Alresford in the South East also fetch sky-high premiums of 97% and 69% respectively. In the North West, buyers in Keswick and Altrincham pay 90% and 83% more. And in the East Midlands, Bakewell homes have a price jump of 96%, while in Yorkshire, Wetherby has the biggest premium at 86%. Andrew Mason, mortgage director at Lloyds Bank, said: “Market towns have a long-standing reputation for being packed with typical English charm – with cobbled streets, bustling market stalls and historic buildings all contributing to the appeal for many people looking to set up home. “This popular lifestyle undoubtedly comes with a property premium – as much as double the county average in some hotspots – so those considering making a market town their home should consider how it compares with the relative value for money that alternative areas have to offer.” For Mortgage Advice in Peterborough, pop into The Mortgage Bureau at Stuart House, East Wing or call 01733 358488. Your One Stop Mortgage Shop! https://local.google.com/place?id=4291748577655334900&use=posts&lpsid=8985991171063140059
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