{"id":4530,"date":"2013-08-28T19:06:29","date_gmt":"2013-08-28T12:06:29","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-time-buyers-in-london-earn-in-excess-of-50000\/"},"modified":"2016-02-12T21:20:39","modified_gmt":"2016-02-12T14:20:39","slug":"first-time-buyers-in-london-earn-in-excess-of-50000","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-time-buyers-in-london-earn-in-excess-of-50000\/","title":{"rendered":"First-time buyers in London 'earn in excess of \u00a350,000'"},"content":{"rendered":"


\nCML data shows incomes of first-time buyers in London outstrips average, but affordability remains tighter than in the UK as a wholeThe average first-time buyer in London now earns \u00a352,000 a year, well ahead of the \u00a335,000 typical figure for the UK as a whole, according to latest data.The figures from the Council of Mortgage Lenders (CML) also show that the strong performance of the capital’s property market has pushed up the average London first-time buyer home loan to \u00a3192,600. Continue reading…
\n
\nSource : theguardian.com
\nRead more…First-time buyers in London ‘earn in excess of \u00a350,000’<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

CML data shows incomes of first-time buyers in London outstrips average, but affordability remains tighter...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-4530","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-1b4","jetpack-related-posts":[{"id":35338,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/3-things-uk-property-experts-have-told-us-about-london-mayors-investigation-into-foreign-investment\/","url_meta":{"origin":4530,"position":0},"title":"3 things UK property experts have told us about London Mayor\u2019s investigation into foreign investment","date":"November 22, 2016","format":false,"excerpt":"\r Hint: they all think it\u2019s a load of tosh Mayor of London, Sadiq Khan. Image: Martin Hoscik \/ Shutterstock.com London Mayor Sadiq Khan announced in September that he would be launching an investigation into foreign investment in the UK capital, particularly condemning wealthy buyers for using homes as \u201cgold\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98633,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-time-buyers-average-salary-requirement-rises-18-in-uk-cities\/","url_meta":{"origin":4530,"position":1},"title":"First-time buyers: average salary requirement rises 18% in UK cities","date":"September 27, 2018","format":false,"excerpt":"\r Young adults face distant prospect of getting on housing ladder, research suggestsThe average salary required by a first-time buyer to purchase a home in the UK\u2019s biggest cities has risen by 18% in the past three years, above the rate of earnings growth \u2013 making it harder for young\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26922,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-time-buyers-must-wait-seven-years-longer-for-home-in-south-east-england\/","url_meta":{"origin":4530,"position":2},"title":"First-time buyers must wait seven years longer for home in south-east England","date":"September 23, 2016","format":false,"excerpt":"\r Halifax says young buyers in Carlisle or south Wales will purchase first home at 27 on average but could wait until 34 in and around LondonFirst-time buyers in parts of south-east England are having to wait seven years longer to get on to the housing ladder than those in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26069,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-for-house-purchases-fell-in-july-says-cml\/","url_meta":{"origin":4530,"position":3},"title":"Mortgages for house purchases fell in July, says CML","date":"September 14, 2016","format":false,"excerpt":"\r Fewer loans were taken out by first-time buyers and movers in the month after the EU referendumThe number of mortgages taken out for house purchases dropped by 14% in July, the latest figures from mortgage lenders show, as the housing market slowed down around the time of the EU\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124312,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-first-time-buyer-is-now-older-than-30-says-halifax\/","url_meta":{"origin":4530,"position":4},"title":"Average UK first-time buyer is now older than 30, says Halifax","date":"January 22, 2022","format":false,"excerpt":"\r Average age is highest in London, at 33, as numbers rise at record rate despite surging house pricesThe average age for joining the property ladder in Britain has risen to above 30 in every region of the country, as surging house prices mean first-time buyers must save for longer\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":39785,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/this-uk-city-has-one-of-the-hottest-property-markets-in-europe\/","url_meta":{"origin":4530,"position":5},"title":"This UK city has one of the hottest property markets in Europe","date":"January 6, 2017","format":false,"excerpt":"\r (It\u2019s not London) The neo-classical towers of Bristol cathedral and university. Image: pjhpix\/Shutterstock Home prices in Bristol, a city in the southwest of England are rising faster than in the UK capital, and the market is one of the most exciting in Europe right now, writes Business Insider. 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