Jul 28

Least and most affordable areas to live in Britain revealed

Property hotspots

The least affordable places to buy a home in Britain for first-time buyers are in London, Halifax’s new research has found.

Brent was named the least affordable place in the capital where average property for a first-time buyer costs £457,014, that’s 12.5 times the average earnings of residents in the area.

East Dunbartonshire in Scotland was named the most affordable area in Britain. The area boasts property prices averaging £97,089, 2.6 times local annual average gross earnings

Halifax mortgages director Chris Gowland said: “Although numbers remain below their previous peaks and many potential first time buyers are facing escalating house prices and deposit sizes, record low mortgage rates continue to make buying seem a more attractive option than renting.”

The most affordable places to live in Britain

  • East Dunbartonshire
  • Copeland
  • East Renfrewshire
  • West Dunbartonshire
  • Stirling
  • Pendle
  • Blaenau Gwent
  • North Lanarkshire
  • Northumberland
  • Mid and East Antrim

The least affordable places to live in Britain

  • Brent
  • Hackney
  • Haringey
  • Hammersmith and Fulham
  • Waltham Forest
  • Lambeth
  • Harrow
  • Ealing
  • Newham
  • Islington