Aberdeen tops affordability index for single homebuyers in UK

Aberdeen has been identified as the most affordable city for singles looking to purchase a home in Great Britain, with average monthly mortgage payments of £510, representing 16% of local salaries for properties valued at £119,350. Liverpool follows as the most affordable city in England, where single buyers pay an average of £540 per month, accounting for 18% of their earnings. Other notable affordable cities include Sheffield and Newcastle, with mortgage payments requiring 20% and 21% of salaries, respectively. Despite improvements in affordability in some areas, London remains the least affordable, with mortgage payments exceeding £1,000 across its boroughs. The overall trend indicates that wage growth is starting to outpace house price increases, particularly in southern England, enhancing affordability in cities like Bristol and Oxford. Zoopla's analysis highlights the importance of careful consideration and research when buying a home, drawing parallels to the dating experience.