For value, look to the country
Buyers looking for their first home but priced out of city markets should consider a more rural option, says Kirsty Mcluckie
The average age of the first-time buyer is on the increase, with many house hunters taking their first steps onto the property ladder well into their thirties.
It is no surprise, therefore, that many housebuilders are also experiencing a surge in demand for homes in the suburbs and countryside.
While the nightlife and amenities of the city appeal to many people in their twenties, ten years on and the considerations may be more about quality of life, increasing living space, attaining a garden and – most importantly – value for money.
So taking a breather from the city makes good sense for many first timers at this stage in their lives.
Not only can you get more in terms of square footage for your money, exchanging a small rented flat in the city for a decent sized family home in the country, you can plan for the future with a larger home in a settled community, perhaps also enabling you to live closer to family and friends.
What’s more, especially now as interest rates remain comparitively low and competitive, buying can often prove cheaper than city renting, once saving for that allimportant deposit is out of the way.
Two Barratt Homes developments where many buyers have secured their first home away from the city are Osprey Heights in Inverurie and Ness Castle, by Inverness.
Nestled in the heart of Aberdeenshire, the town of Inverurie has long been an attractive place to live for people of all ages thanks to its quality selection of bars and restaurants and thriving high street, paired with excellent transport links to Aberdeen.
Osprey Heights itself has become a favourite with younger buyers due to its range of fantastic two and three-bedroomed starter homes, it’s close proximity to the town.
This includes the Balintore, which, starting at £184,995, can be purchased using the Help to Buy scheme.
This home benefits from a bright and spacious lounge opening into a well-proportioned open-plan kitchen and dining room as well as two double bedrooms and a familysized bathroom. The ground floor also provides a handy utility space and WC.
This popular housetype is also on offer at Ness Castle, which enjoys a premium location on the outskirts of the Highland capital, close to Loch Ness.
This development in particular has a striking appearance with classic Highland features such as drystone walls, ample green space and wooded surrounds.
Again, with prices starting at £189,995, qualifying buyers can make their move using Help to Buy.
Mike Cowie, sales and marketing director at Barratt North Scotland, commented: “At Barratt Homes we are committed to helping younger people enjoy the benefits of home-ownership, which is why our offering often includes a range of affordable options for those taking their first steps into the marketplace.
“Both Osprey Heights and Ness Castle have been popular options from the outset for buyers looking to make a sound, long-term investment in their first home. Both benefit from having close access to warm, thriving communities, excellent amenities and close access to city attractions for when they need them.
“With Help to Buy and other helpful incentives on offer, as well as support from our independent financial advisors, we hope to make home ownership a reality for many more first timers.”