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.
In news that might make alarming reading for some, research has predicted that rising property prices may lead to an increase in the number of adults aged 25-34 living with their parents.
Property in Scotland’s cities is becoming less and less affordable, according to the latest Bank of Scotland Affordable Cities review.