Three Yorkshire cities rank among the cheapest 10 top for first time buyers according to new analysis – but there is also one which is among the most expensive.
Aberdeen has been identified as the least expensive city to get on the property ladder, followed by Bradford and Sunderland. Hull ranked sixth in the list, while Doncaster came tenth. Carlisle is the cheapest for renters, according to the analysis, with Hull Doncaster and Bradford again making the top 10. Meanwhile, York was ninth in the most expensive list, which was topped by St Albans in Hertfordshire.
Rightmove's property expert Tim Bannister said: 'These latest figures highlight why so many people remain determined to get onto the ladder, as the soaring costs of renting has meant buying has remained attractive even with higher mortgage rates. 'Longer mortgage terms are becoming more common as a way to improve overall affordability and reduce monthly payments, though first-time buyers should be aware of what they are paying in interest compared with their actual mortgage.
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