We highly recommend getting in touch with an Oxford mortgage broker before looking for properties. Your financial situation isn’t going to change, but the properties that you look at might. By using an independent mortgage broker in Oxford, you can see all the available mortgage offers available to you from over 300 potential lenders.

This means you can end up with dozens, even hundreds of offers. Don’t worry, as your dedicated mortgage advisor Oxfordshire expert can walk you through the terms and conditions of the available mortgages so you can better select the right option for your situation.

Properties cost more in Oxford than in other towns and cities in the area (with the exception of London). Its history, dramatic architecture, and thriving community makes Oxford very popular for working professionals, families, and investors alike.

Currently, the average house price in Oxford is around £475,000. Detached homes cost the most, and will set you back around £961,000. Semi-detached prices are priced, on average, around £606,000.

Terraced homes are closer in line with the overall average, and are priced at around £475,000. Flats and maisonettes are around £296,000.

First time buyers are regularly spending around £419,000 for their first property, and existing mortgage holders are spending an average of £474,000 to remortgage or buy a new property.

With much higher property prices, it is critical that you get in touch with mortgage brokers Oxford specialists ahead of time. This is how you can find your true budget range. Having a mortgage in agreement may even help with your ability to negotiate property prices.

Once you put in an offer, however, you’ll want to spin the dice and see what new mortgage products you have available. Go back to your dedicated mortgage broker in Oxford specialist, and we’ll help connect you lenders once again and then guide you through the application process.

There are many popular areas in Oxford to buy.

1. Jericho: If you want historic charm and a vibrant community, head to Jericho. This is a very popular area for residents and students alike.
2. Headington: If you are after a family-friendly area with some larger homes, head to Headington.
3. Summertown: If you love leafy streets, the local high street, and want something quieter, then see what mortgage options your dedicated mortgage broker Oxford expert can connect you with to buy a property in Summertown.
4. Central Oxford: This is a great destination for investors looking to buy a property. Its proximity to the university makes it ideal for buy-to-let properties.
5. Cowley: If you are hoping to find something more affordable, then head to Cowley. This is where you’ll find more new developments. If you’re also a first time buyer, then get in touch with an independent mortgage advisor Oxford specialist to learn your unique buying options.

Oxford connections

Oxford is very well connected to London, and you can usually get into the heart of the city in just over an hour. Currently you can do this through a rail replacement bus to Didcot Parkway and then either the train or Elizabeth line into central London. Alternatively you can take a GWR train direct from Oxford to Paddington.