While buying your first home is an exciting prospect, there is no denying that is a move filled with doubts and worry. There is a lot of stress involved with buying a property, which is completely understandable. The sums of money involved with the process, and the major commitment you make, means you must be committed to the process of buying a home.
However, a lot of people step onto the property ladder and reap the benefits. At Spencer Harvey, we are pleased to say we have helped many first-time buyers find and buy property in Stockport. We’re also pleased to say a recent Post Office Money study suggests this is a brilliant idea. The annual study reveals people who bought in Stockport last year have enjoyed the most significant return on their investment in the whole of Greater Manchester.
Stockport is a town on the rise
In this time, property prices in Stockport have increased by 10%, and are now valued at £225,000. The regional average increase is 3%, so you can see that the step forward in Stockport is notable. However, if you are looking for an affordable place to live, Greater Manchester still has a lot to offer. 31% of the city region is classed as being affordable for first-time buyers, and only Trafford in Greater Manchester is unable to offer affordable homes for first-time buyers.
You can find value in the Stockport property market
We are pleased to say even though values have risen in Stockport, there is still an opportunity for first-time buyers to find value, and great homes. As local property market specialists, we are pleased to say we have assisted many buyers narrow their options, and find something which is perfect for their needs.
Ross Hunter from Post Office Money stated; “The North West continues to see steady growth, and despite this, it remains relatively affordable for first-time buyers. While other areas of the country are seeing house price stagnation or even falls in value, buyers in the North West have yet to see this.”
First-time buyers need all the help they can get, and anyone looking for assistance when buying in Stockport will find we are the local estate agents you can rely on. We are pleased to say we have helped many first-time buyers step on to the property ladder in and around Stockport, and we’re delighted that many of them have prospered.
With convenient transport links to the centre of Manchester, and significant developments taking place, Stockport is the ideal place to buy, live or invest. As Stockport property specialists, we want to ensure you stay in touch with the latest property news. If you are looking for assistance in this area, give Spencer Harvey a call on 0161 480 8888 or send us an email at info@spencerharvey.co.uk. For a free valuation please visit: https://www.spencerharvey.co.uk/valuation-enquiry.html