'It's cheaper up north for houses'

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'It's cheaper up north for houses'

Due to the growing margin between house prices in the south compared with the north, potential house-buyers have been urged to look further north when buying property in the UK.

New research undertaken by smartnewhomes.com has discovered that house prices in the north are almost 50 per cent less than in London meaning that house-buyers would be getting a better deal if they turned their attentions to cities such as Manchester, Leeds and Newcastle.

Kelvin Davidson, a property economist for Capital Economics which is a research consultancy, stated that should employment prospects be favourable in the north then people should look to buy there as "house prices up there are a hell of a lot cheaper than London".

On the subject of so-called north-south snobbery, Mr Davidson said: "I can't imagine that people in the 21st century are that worried about it, but I'm sure there are some people who are."

According to the BBC, the average house price in London as of November 9th is £331,100 but the average UK house price stands at £211,452.

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