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House and Money

House price affordability at its worst in a decade as property prices hit 10x the average salary

The latest research by lettings and estate agent, Benham and Reeves , has revealed that current affordability across the UK property market is at its worst in 10 years, with the average house price to income ratio at its highest levels since 2011.

Current House Price to Income Ratio

Benham and Reeves analysed the average house price to income ratio based on average property...