Is it better to buy a house or a flat as a First Time Buyer?

Flats can often be a good option for First Time Buyers as they usually will require a smaller deposit. This can be helpful for starting out on the property ladder.

As with other types of properties, flats can decrease or increase in value over time. Factors that can affect this include the area the property is in, the condition of the building the flat is part of, and demand.

Are flats or houses safer?

Flats are often more secure than houses due to increased security in the communal areas and entrances. Flats on higher floors are also harder to access. However, it is important to still be vigilant and be aware of the neighbourhood the flat is in and keep your flat secure. With a house it is your responsibility to secure your house.