London news 10 of the most affordable places in London for first time buyers Uk news
MetiNews.Com - If you want to buy your first home, look in these places
Breaking News ! Lockdown has seen many of us reconsidering where we want to live and even what we want out of our lives. Some people want to move house because of lockdown while others are keen to get on the property ladder and buy their first home. Over a quarter (28 per cent) of prospective buyers in the capital have reported that lockdown has had a positive impact on their finances, according to a new survey from money.co.uk. So if you're among those people who are now ready to buy your first home in London, where might you look that's most affordable? Unsurprisingly, the outer London boroughs have come out with the cheaper property prices. Barking and Dagenham is the cheapest place, with the average property price at £275,497. And Barnet came out as the most popular place for the Help to Buy scheme, with 1,765 properties being bought under the scheme since it began. Barking and Dagenham is officially the borough with the cheapest average property price For more news and features about London directly to your inbox sign up to our newsletter here . The research from money.co.uk shows the top ten cheapest places in London to buy according to property price as well as the most popular places given how many first-time buyers have used the Help to Buy scheme in them.
. 10. Redbridge - £426,063 9. Sutton - £424,289 8. Lewisham - £411,117 7. Enfield - £373,491 6. Hounslow - £370,672 5. Havering - £364,480 4. Bexley - £346,253 3. Croydon - £342,828 2. Newham - £321,433 1. Barking and Dagenham - £275,497
Source = MetiNews.Com