University towns offer strong investment prospect

clock

Parents are increasingly buying property in university towns when their children go into higher education courses, reveals a Halifax Estate Agents survey.

An analysis of property prices in the top 20 university towns and cities – as listed in the Guardian Education university guide, published in May – reveals many house values have doubled in the space of five years, making property investment worthwhile for parents needing to finance children through higher education. Average increase in property prices across the UK over the past five years has been 103%, says the survey, and the majority of these towns and cities have performed very well. Best gains have been seen in York, Bath and Sheffield, as property in these regions is now 130% ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Mortgages

Client conundrum: Mortgage overpayments versus investments

Client conundrum: Mortgage overpayments versus investments

1.4 million people will see mortgage deals end this year

Laura Suter
clock 22 February 2023 • 3 min read

Summer economic update: Sunak confirms stamp duty holiday in 'mini-Budget'

Mini Budget

Hannah Godfrey
clock 08 July 2020 • 2 min read

FCA sounds alarm on equity release advice

'Tick-box exercise'

Hannah Godfrey
clock 17 June 2020 • 1 min read