Cheapest property areas

[Namechangefail1234]

I'm sick of renting. Sick, sick, sick of it. I was chucked out at 17, and I've paid almost £300k in rent over the past 14.5 years.

I want the stability of owning my own home.

My DH has had significant debt problems, though we have 2 years until the last CCJ drops off his report (it's paid but still visible)
I am off of work currently, will be until our youngest is in school.
DH being SE means he will also struggle with proving his income, then I don't know how we will meet the affordability checks to buy somewhere, where we live.

Eldest leaves school next year, so I'm thinking, if we can find somewhere cheaper, it might be the time to uproot our lives if it gives us the stability of home ownership.

Where we live is currently about 300k for a 3 bed house.
According to mortgage affordability checkers DHs earnings would allow him £190k.

Even with a decent deposit, there's quite a hole between what we can borrow, have and need.

So can people please share house prices in their areas if they're cheaper than ours, but nice places to bring up families.

Thank you.

@scottishnames it's the Home Report value you need to look at more than the offers over. My experience is the seller will always be expecting at least 10% over the offers over price. Yes that was up to 20% over Home Report last summer at the height of the market, but even now I doubt you'd get anything at less than 10% over the advertised offers over price which is usually roughly Home Report value. Hope that makes sense.

I'm a bit confused about your circumstances - one child just about to start school and one just about to leave? How do they feel about a big move like this? Might they decide not to go with you?

Hull and East Yorkshire

Definitely look at north east England op.
It's the poorest part of the UK so apart from the cities house prices are generally very low. Lots of ex coal mining villages with cheap ex council stock. Beautiful countryside and decent shopping and restaurants and theatres etc in Newcastle abs Durham.

Not the whole area, there are more expensive bits- but there are lots of affordable parts with some lovely housing stock.

Middlesbourgh comes up cheapest

Forest of Dean? there are some areas I'd avoid, like Cinderford. No offence, just not my cup of tea. But most of it is pretty, friendly and quite safe to bring up kids.

www.rightmove.co.uk/properties/122470787#/?channel=RES_BUY

Its a bit of a fixer upper, but it could be quite nice.

Theres a recent thread on this OP and the North East comes up trumps

Dont listen to people saying the only areas you can afford are high crime and horrible places, its debunked every time someone posts a thread like this.

Can you set out your must haves, bedroom numbers, price, parking,, garden etc? Would you consider a flat? Any areas you wont go to?

www.rightmove.co.uk/properties/129303314#/?channel=RES_NEW

This is shared ownership. There's a good primary there and a new secondary will open next year. I don't love the local town but it could be worse and there are regeneration plans. The Weald is up and coming. I don't live there but people I know do and like it.

It's a very low crime place.

Liverpool!! I live in Sefton. My house is up sale for £159k 😊

Parts of the midlands are affordable. Closer to the cities can be more pricey because of easy commute but for example this is shared ownership in a small village fairly local to me on a relatively new development.

i think it’s a sweeping statement to say that some areas are cheaper for a reason. For example the county that I live in tends to be a little cheaper because it’s not close to a major city centre location but overall a nice place to live. Anywhere you get “good” and “bad” areas and properties within catchment areas of “desirable” schools will always attract higher pricing.

www.rightmove.co.uk/properties/130047407#/?channel=RES_BUY