Being near a good school is top priority for one in three homebuyers - Telegraph

Being near a good school is top priority for one in three homebuyers - Telegraph

Moving into the catchment area of a good school was the top priority for 37pc of prospective buyers with a child aged 10 or under, according to a study for Santander Mortgages.

Many were willing to pay an extra £12,000 to secure the home – and school – of their choice. The average house price premium for moving to a good catchment area was £5,663.

One in four of those with a child aged 11 to 17 named proximity to a good school as a major concern.

Homebuyers in the West Midlands were most concerned about moving into a good catchment area, the survey found, with 26pc citing it as a main priority, double the percentage concerned about the issue the last time they bought a home.