If you live in the Greater Manchester area, then you’ll probably be familiar with the areas of Burnage and Bredbury. To most Mancunians, Burnage is a poor part of Manchester where the band Oasis came from, and Bredbury is a posh part of Stockport. The two places aren’t that far away geographically, but in terms of house prices and the type of accommodation available they vary considerably.
Bredbury and the well known Bredbury Hall Hotel are both popular areas for homebuyers and home movers. There are less buy-to-let properties available than in Burnage, and more of the desirable 3, 4 and 5 bedroom detached properties that you’d expect from such a smart area.
Rightmove estate agents (http://www.rightmove.co.uk/property-for-sale/Bredbury.html) is currently selling 3 bedroom detached bungalows in Bredbury for £300,000 whilst detached houses of smaller size are going for less money. Mortgage experts Manchester Mortgages are advising potential home buyers to be careful in choosing the right mortgage as a poor decision of mortgage lender could reflect in a mortgage overspend of £10,000 or more.
Available houses for sale in Burnage are also highlighted by Manchester Mortgages as being potential traps for people getting the wrong type of mortgage. It’s our advice to (a) choose the area you wish to live in carefully and (b) choose your mortgage broker carefully. Always consider your options when it comes to mortgage lender.