Property News · September 13, 2017

Houses more affordable across half of UK now than in 2007


Despite London’s affordability crisis, gap between earnings and house prices has fallen in Birmingham, Glasgow and LeedsHomes across half of the UK are more affordable than before the financial crisis, with Birmingham, Glasgow and Leeds among the places where the gap between earnings and house prices has fallen, a study has found.Yorkshire Building Society research shows that with a continuing affordability crisis in London, popular destinations for people leaving the capital, such as Lewes and Exeter, have become increasingly affordable in the period since Northern Rock was bailed out 10 years ago. Continue reading…

Source : theguardian.com
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