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% ...
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