{"id":3948,"date":"2024-03-20T08:45:43","date_gmt":"2024-03-20T08:45:43","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/quilter\/?p=3948"},"modified":"2024-03-20T09:02:11","modified_gmt":"2024-03-20T09:02:11","slug":"ftbs-turn-to-up-and-coming-areas-to-get-on-the-ladder","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/quilter\/2024\/03\/20\/ftbs-turn-to-up-and-coming-areas-to-get-on-the-ladder\/","title":{"rendered":"FTBs turn to \u2018up-and-coming\u2019 areas to get on the ladder\u00a0"},"content":{"rendered":"
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FTBs are prepared to compromise on their priorities to get a foot on the housing ladder, a report<\/strong>1<\/sup><\/strong> has revealed.<\/strong> <\/p>\n<\/div>\n\n

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Prepared to compromise<\/strong> <\/p>\n<\/div>\n\n

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Since house prices for FTBs have almost doubled in the last decade, it is hardly surprising that an increasing number are no longer holding out for their ideal home. <\/p>\n<\/div>\n\n

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Young people\u2019s desire to own their first property is still high (87%). With prices making this ambition harder, a growing number are willing to compromise on their priorities. This is especially true for the third (33%), who say they want to get on the ladder as soon as possible. <\/p>\n<\/div>\n\n

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Anywhere will do<\/strong> <\/p>\n<\/div>\n\n

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Almost half (44%) of prospective first-time buyers looking to get on the housing ladder are now researching locations they wouldn\u2019t have considered prior to the cost-of-living crisis. Moreover, more than six in ten say they are prepared to move to a different part of the country to get on the housing ladder. <\/p>\n<\/div>\n\n

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The best for FTBs<\/strong> <\/p>\n<\/div>\n\n

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In this context, the report lists ten up-and-coming areas that FTBs are honing in on. These areas rank well for lower average purchase prices compared to the surrounding region, as well as other FTB priorities such as low crime rates, good transport links to major cities, access to good schools, proximity to green spaces, ultrafast broadband availability and investment in local regeneration. <\/p>\n<\/div>\n\n

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At the top of the list are Kingston upon Hull, Middlesbrough, Neath Port Talbot, Derry City and Strabane, and Falkirk. <\/p>\n<\/div>\n\n

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1<\/sup>Halifax, 2023 <\/p>\n<\/div>\n\n

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It is important to take professional advice before making any decision relating to your personal finances. Information within this article is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK.<\/em><\/strong> <\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

FTBs are prepared to compromise on their priorities to get a foot on the housing ladder, a report1 has revealed.  Prepared to compromise  Since house prices for FTBs have almost doubled in the last decade, it is hardly surprising that an increasing number are no longer holding out for their ideal home.  Young people\u2019s desire […]<\/p>\n","protected":false},"author":12,"featured_media":3940,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,76],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/3948"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/comments?post=3948"}],"version-history":[{"count":2,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/3948\/revisions"}],"predecessor-version":[{"id":3950,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/3948\/revisions\/3950"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media\/3940"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media?parent=3948"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/categories?post=3948"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/tags?post=3948"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/hd_content_source?post=3948"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}