Average wages are £6,000 too low to buy a house in the UK
Prime London is not the capital’s property hotspot
In this week’s pick of property investment news
, research reveals that the average house price is now more than six times the average salary. It has also been predicted that mortgage debt held by pensioners will surge over the next 13 years, and house price data shows that Mayfair and Hampstead property value growth is lagging locations which include Walthamstow and Peckham.