Zoopla study finds Cumnock, Scotland, and Shildon, England, most affordable UK towns for homebuyers.

Zoopla's study identifies Cumnock in Scotland and Shildon in England as the UK's most affordable towns for homebuyers, with house prices at 1.1 times household earnings. In London, Croydon is the most affordable, with homes costing 4.7 times local incomes. The report highlights that London remains the least affordable area, with 47% of first-time buyers citing affordability as a major hurdle. Potential buyers are increasingly looking at commuter towns in the South East and East of England for more affordable housing.

November 14, 2024
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