Buying in Limavady

What you'll find

Terraces and older houses around the town centre, family estates and newer developments on the edges of town, and a large share of rural homes, farms and one-off houses across the Roe Valley and out towards Benone and Magilligan.

Who buys here

First-time buyers and young families, people who work in Derry and want a quieter town, farming families, and buyers moving to be near the north coast.

Getting about

There's no station in the town; Bellarena, a short drive away, is on the Derry line. Most people drive to Derry or Coleraine, each roughly half an hour away.

Mortgage points to note

• Affordable entry. Most homes here sit comfortably below the first-time buyer stamp duty threshold, and Co-Ownership limits stretch a long way. See how Co-Ownership works.
• Farm incomes. Lenders vary widely in how they read farm accounts, subsidies and land values. A broker who arranges farm mortgages regularly will know who to approach.
• One-off houses. Private water, septic tanks and occupancy conditions tied to farming are common on rural sites. All can be mortgaged, but not by every lender.
• Self-builds. Sites with planning permission come up in the valley. A self-build mortgage pays out in stages as the house goes up, so you need a lender and a broker set up for it.

Nearby

See also Derry/Londonderry and Coleraine.