Wednesday, 27 July 2016

Most Affordable Places For First-Time Buyers Revealed

The most affordable - and the least affordable - places for first-time buyers have been revealed by the UK's largest mortgage lender, the Halifax. Compared to local earnings, the cheapest places to buy are mostly in western Scotland and northern England. The most expensive are all in London. East Dunbartonshire, on the northern fringes of Glasgow, is the most-affordable place in the UK. On average, house prices here are just 2.6 times local annual earnings. By contrast, the least-affordable place is Brent in north London, where house prices are on average 12.5 times local earnings. Read more on the BBC website.

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