The average first-time buyer is spending 36% of their take-home pay on mortgage payments, according to Nationwide.
Nationwide's senior economist Andrew Harvey said UK housing affordability had seen a modest improvement over the past year, ...
Nationwide finds four in 10 buyers need a loan or gift from friends or family to raise enough for home deposit ...
With deposits increasingly hard to save up for and mortgages increasingly burdensome, few people will be free of housing ...
Where are the most and least affordable areas to buy a house? - Housing affordability remains ‘stretched’ across the UK ...
Here are the least affordable authorities per nation or region, as measured by the typical first-time buyer house price-to-earnings ratio (data is not available for Northern Ireland): London, ...
THE once oil-rich city of Aberdeen has been named the cheapest place in Britain in which to buy a house. Property prices in ...
Aberdeen has been ranked as the most affordable authority in Great Britain, with average first-time buyer house prices at just 2.5 times average earnings in the area. Burnley and Hartlepool are the ...
Consequently, the deposit hurdle remains high. Nationwide says this is a challenge that has been made worse by the record ...
House prices across the UK have shown signs of rebalancing as prices come down in the capital and jump in the North West and Yorkshire. London has a house price to earnings ratio of 8.22, making it ...
Simply sign up to the UK house prices myFT Digest -- delivered ... combination of modestly lower interest rates and earnings outpacing house price growth”.
London has a house price to earnings ratio of 8.22, making it one of the ... Overall, the South East lagged behind the rest of the UK, with movement of just 1.8 per cent, compared to 6.3 per ...