MOVING OUT

Cheapest cities to buy a home that take under two hours to commute to central London

NOTTINGHAM is the cheapest city for London commuters to buy a home where property costs a third of the price - and it's less than a two-hour train ride away.

Record numbers of Londoners are ditching the capital in search of affordable housing, but now that similar prices can be found in the South East, buyers are looking even further out for their first home.

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, we've come up with a selection of cities that are less than two hours away from central London on the train and where average house prices are under £400,000.

This could help you save up hundreds of thousands of pounds when buying a home and still be in work for 9am.

Nottingham may be 130miles away from London but it only takes one hour and 51 minutes to get there by train.

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 website.

Buyers in Worthing, East Sussex, face the smallest travel costs, where a monthly train tickets costs £470.40 compared to those in Bristol who have to fork out over £1,000 a month.

It takes the longest to travel to the office from Sutton Coldfield, which is just outside Birmingham, at two hours.

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House prices aren't the cheapest here either, at an average of £379,107, they're more than £171,000 more expensive than Nottingham properties.

But you'd still be saving £240,000 compared to London, and the commuting costs are only £553 a month.

Now could also be a good time to invest in property outside the South of England where house price growth is slowing creeping upwards.

Annabel Dixon, consumer spokesperson from Zoopla said that there is more is more opportunity for cimmuters if they're prepared to look " a little further afield".

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She added: "As always, the devil is in the detail and it's not just the availability of homes for sale and average house prices that count.

"First-time buyers need to factor in the cost of a season ticket as well as the logistics of longer journey around things like family."

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First-time buyer Theo Fashesin, 28, bought her first home in Manchester after it turned out to be impossible for her to buy alone near her family in London.

Moving out of London isn't the only opting for first-time buyers - there are plenty of Government schemes to help you get a foot on the property ladder in the city.

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As well as shared ownership and Help to Buy, London Mayor Sadiq Khan introduced "first dibs" rules which restricts sales of all new-build homes in the capital worth up to £350,000 to UK buyers for three months before any overseas marketing can take place.

20 Second Story: House prices rise across the UK


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