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@Courant
I'd go the secondhand route, as long as you know what you're doing and what's suitable for you. Otherwise, go down to a decent bike shop and let them look after you - this way, you've a much better chance of getting something suitable. Getting something that fits and is comfortable is really important.
I've been riding for a few years now and my main bike I got off ebay a couple of years ago for £550. A look carbon frame with full ultegra groupset and a decent set of wheels. It's a really nice bike!!!
Other bargains exist. For example, ebay item 160239685440 went last week for £499. (Unfortunately too small for me otherwise I would have bought it!). Gorgeous custom dave yates steel frame, full campag record groupset. Only needed wheels to make it complete but this would have made a really superb bike for not a lot of money. Sure, it's done some miles and the frame is a few years old, but steel frames don't die and a good groupset keeps on going.
Only thing is, to find bargains, you need to look for the niche stuff that people haven't heard of. So this requires some research/knowledge and you need to know what you're doing.
If you go to your bike shop, £600-800 is sufficient to get you something quite decent.
Hope this helps!