Armagh and Newry two of the three WORST UK cities for raising children
| Overview
Armagh and Newry have been named and shamed by MoneySuperMarket as two of the three WORST UK cities for raising children.
Can it be true? Surely not!
It’s hardly an award, but the conclusions of an inclusive survey have been getting shared extensively via social media, to both amusement and disparagement.
The data has been comprehensively gathered by experts on 35 UK cities, with the idea of discovering the best and worst cities to bring up children.
The information that was collated included average house prices, amenities and green spaces available, school league tables and crime rates, along with average earnings per household to give a broad idea of what was considered good and not so good.
Based on the information gained, the survey concluded that London was deemed the worst city for raising children with Newry and Armagh capturing second and third!
The rest of the top ten was as follows;
4th Leeds
5th Bradford
6th Sheffield
7th Glasgow
8th Kingston-Upon-Hull
9th Brighton and Hove
10th Birmingham
If you are wondering what the top ten best cities were for bringing up children, they were as follows;
1st Newcastle-Upon-Tyne
2nd Derby
3rd Wolverhampton
4th Southampton
5th Bath
6th Nottingham
7th Coventry
8th York
9th Oxford
10th Portsmouth
A spokeswoman from MoneySuperMarket said during an interview with The Telegraph: The Family Living Index was created to guide parents or soon to be parents looking to futureproof their next move. As well as choosing where to raise their families, moving home is also a key life-stage decision, and is one of the most common moments for couples to take out life insurance to protect their family financially should anything.
How is home equity calculated?
Home equity is calculated by subtracting the amount you still owe on your mortgage from the current market value of your home.
Can you have negative equity?
Yes. With standard loans, your home equity will increase over time. With negative-amortizing loans — a loan with monthly payments less than the interest rates — your equity decreases over time as your owed balance increases.