New research by Santander Mortgages has revealed that families are prepared to spend an extra 12% for their chosen school catchment address, which amounts to an additional £26,800 on top of the average UK property price.
Home owners looking to move up the property ladder face a number of different obstacles, and many believe it is harder to progress up the ladder than to get on it in the first place.
There has been a sharp rise in the proportion of adults owning more than one property in the UK, according to new research by the Resolution Foundation.