New research from Halifax shows that housing affordability has improved greatly for key public sector workers, since house prices peaked in September 2007. According to the lender’s survey, two in five towns (41%) are now affordable, based on the average house prices to earnings ratio for nurses, teachers, fire fighters and the like. The ratio [...]
key workers
Jump in affordable towns for key workers
New research from Halifax shows that housing affordability has improved greatly for key public sector workers, since house prices peaked in September 2007. According to the lender’s survey, two in five towns (41%) are now affordable, based on the average house prices to earnings ratio for nurses, teachers, fire fighters and the like. The ratio [...]
Leap in affordable locations for key workers
Since the housing market peak of 2007, the UK has seen a 14-fold increase in towns with affordable homes, Halifax reports. According to the lender’s research, 38% of towns are currently affordable for key workers, compared to just 3% in 2007, although house prices in three out of five towns remain beyond the reach of [...]
