• Young professionals living in London seeking their first home could save up to £5,000 a year with just a half an hour commute
• Getting on the property ladder does not seem so daunting with good research and educated location choices
• First-time buyers would not have to compromise their lifestyle to buy their first home
As many first-time buyers’ fear, buying your first home in London - when working in the city - is unaffordable and seems like a pipe dream. That is true for many, when the average house price has skyrocketed to a whopping £490,000.
However, first-time buyers could get themselves on the property ladder much sooner if they spend their time doing some research. A recent study by new mortgage and insurance advice service Saffron Mortgage Finders, has identified some interesting findings for young professionals that could assist them in buying their first home, without too much disruption to their lifestyle and even...