The most affordable UK cities for home buyers
Affordability in UK cities is at its worst level since 2007 but buyers who head to Scotland, the North of England and Northern Ireland should ease their purse strings a little.
While the average price of a city home has risen 36 per cent in the past five years to £233,000, average annual earnings rose just nine per cent to £33,420 in the same period, according to a report from Lloyds bank.
However, although Greater London recorded the highest average property price at £480,800, with Brighton and Hove it was joint third least affordable UK city thanks to marginally higher wages in the capital.
The least affordable city was Oxford, where the average house price of £430,000 was found to be 11.5 times average earnings.
Since the 2014 mortgage market review, which impo...










