They love their home
Neighbours in a Nottinghamshire town admitted they were surprised as the area reported the highest rise in house prices in the country. The average asking prices for homes in Eastwood increased by 29 percent in the last year, according to latest figures from property website Rightmove.
New buyers in Eastwood face a 10 percent deposit on average, and monthly mortgage payments of £1,374. This drops to £1,115 per month for those that can afford to put down a 25 percent deposit. Another resident, 69-year-old Diana Naylor, questioned why Eastwood is a property price hotspot. She said: “It’s not too bad here. There are more charity shops than anything. It’s better than Heanor. I don’t really know much about the property market.Her daughter, Michelle Henson, 43, added: “We do need a bit more better shops like a B&M bargains and Peacocks is our only clothes shop.”
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