Does It Matter Where I Buy a House in the UK?
The first and alternative question to consider when looking at where to buy a house or flat, is are you buying for investment purposes or to have a home? If you are buying a home, then naturally things like commuting distance to schools and shops and amenities will play a part, but if you are buying for investment purposes, then other factors such as rental demand will be more important. For example, are you buying in a student town and do you actually want to have students as tenants? London has continually led the way for investment purposes in residential property, but prices are now so high that it is difficult for young people to get on the property ladder. So, if you are buying as an investment then it may be good to look to smaller places or perhaps where you live locally. Get on the property ladder, learn some valuable lessons, and then incrementally step up and try to slowly build your portfolio.