subject: Is Now The Best Time To Buy A New Home? [print this page] In May 2010, The Bank of England held the bank rate at 0.5%. UK home prices are well off their highs, and there are deals out there if you are willing to find them. There are homes for sale from Portsmouth to Edinburgh, of every conceivable shape and size, and with the rates so low you may see an opportunity to buy one of these properties.
In the last quarter the average price of a UK home was 164,288. In England, the North east boasted the lowest home prices at around 112,000. Meanwhile a house in Greater London now averages upwards of 400,000. To find homes for sale in any region, you can get the help of a professional UK home buying agent.
If you want a gem of a property in central London there are houses in Notting Hill, where prices are as exalted as the location. One of the more affordable neighborhoods with homes for sale is Elephant and Castle, where a studio flat can go for less than 150,000. In Edinburgh, the average home is selling for 242,000. Or, if the countryside suits you, there are UK homes for sale in every buyer's range. There are waterfront homes in the Lake District, equestrian estates, new luxury flats in Liverpool and Manchester, and thousands of attractive properties located by the sea.
In Southminster there is a two acre property with equestrian facilities. It includes a steel frame barn, two full size stables, a hay storage bay, and a small arena. This four bedroom house with private surroundings makes for a wonderful country estate. A property like this one can change your life for only 595,000.
Manchester has seen a recent boom in residential waterfront properties. Many of the old factory quays have been redeveloped into attractive luxury flats. Rising from the banks of the ship canal are the newly built NV buildings, where stunning architecture combines with stylish interior design. Two bedroom apartments here can start from 300,000. The buildings boast a 24-hour concierge service, the best in modern appliances, and are within walking distance from Old Trafford football stadium, where you can watch Manchester United play when they are at home.
If the city leaves you feeling breathless, there are homes for sale by the sea. In Kent you can have your own Georgian Townhouse with access to the beach. Located in Broadstairs, one such property rises over four spacious floors, with four bedrooms, a rear garden, and an airy oak-floor lounge. The location is divine for a reasonable price of 315,000.
There are thousands of other homes for sale throughout the United Kingdom. If you are planning to raise a family, or simply longing for a change of pace, then now may be the perfect time to buy the home you are after. An expert UK home buying agent can do the legwork for you. They can search the listings based on your criteria, and find the place that you and yours will love to call home.
