Varying levels of affordability on property

FIRST-time buyers face significant affordability gaps across Britain, with homes in some areas costing around twice the local salary typically, and as much as 14 times average incomes in other locations, according to analysis.

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Inverclyde in Scotland was identified by Nationwide as the most affordable place for people getting on the property ladder, with the average first-time buyer home costing 2.3-times local earnings. Hartlepool was third most affordable place to live.