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Half of the UK market currently unaffordable for homebuyers

News Team, 06/02/2023

Only half of local authority districts across Britain can be considered affordable for homebuyers, research by gradual homeownership provider WayHome revealed.

Wayhome looked at the current purchasing power of homebuyers across Britain based on:

- A joint mortgage application at two times the current average gross salary.

- The potential mortgage offer available to them at a lending multiple of four times this joint income.<...


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