Houses far more unaffordable for women than men

New research by Schroders reveals that houses are far more unaffordable for women than men in every single region of Britain as a result of the gender pay gap. A new report found women will have to wait longer to save for a deposit and be able to borrow less through a mortgage than men on average. Schroders found that the average house costs 14.1 times the average woman's salary in London, while men face house prices that are 12 times their income. Sara Reis, of the Women's Budget Group, a non-profit organisation, said although homes are most unaffordable in London in cash terms, women face the biggest difference in housing affordability to men in the East of England. 

The Daily Telegraph (17/02/2023)