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Archive: The New Forest remains the least affordable UK National Park to live

Latest research from Lloyds Bank has found that the New Forest is the most expensive UK National Park to live in*. They found that the average price of properties in the park is £577,979 which is 98% higher than properties in the surrounding areas.

Year on year, the New Forest remains the least affordable as reported this time last year**.

What this means for home owners and home buyers

Adam Nanson from Your Mortgage Expert comments:

“National Parks including the New Forest are very desirable places to live. With wonderful views, wide, open spaces and great quality of life, people are willing to pay a premium for that desirability. Based in Salisbury which is on the edge of the New Forest, we know what a beautiful and unspoilt area it is, so it comes as no surprise it is one of the most expensive places to live.”

How your Mortgage Expert can help

Adam Nanson continues:

“With high premium tends to come high demand, so it is more important than ever that home buyers understand their budget if looking in a highly desirable area. A Mortgage Broker such as Your Mortgage Expert, will review your circumstances and give you the most appropriate mortgage rate advice for your affordability. They will also help you secure an agreement in principle which is a useful thing to have prior to commencing negotiations.”

Your Mortgage Expert is whole of market and independent which means we know all the current deals and can make the most suitable recommendation for you based on your circumstances. Some of the deals may only be available through independent advisers. We are based in Salisbury, but we can help you with your mortgage no matter where you live in the UK.”

To speak to Your Mortgage Expert about your next mortgage, call now on 01722 322683 or complete a contact us form and let us know when we can call you back.

We don’t charge for an initial consultation, so by speaking with us, you won’t be under any obligation. To find out more about our services and how we operate, visit our about us section.

The information contained within this article was correct at the time of publication. It is intended for information only and does not constitute advice. TenetLime cannot be held responsible for information that was correct at the time of publication but subsequently changes or goes out of date due to changes in legislation. For further information, contact Your Mortgage Expert on 01722 322683.

A MORTGAGE IS A LOAN SECURED AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

Please note, by clicking on the link below you will be departing from the regulated site of Your Mortgage Expert Ltd. Neither Your Mortgage Expert Ltd nor TenetLime are responsible for the accuracy of the information contained within the non-regulated site.

*Source: http://www.mortgageintroducer.com/buying-national-parks-costs-119000/

**Source: http://your-mortgage-expert.co.uk/new-forest-least-affordable-national-park-live/