London gap widens

25th September 2015

Data from Hometrack shows that Londoners face paying 12 times their earnings to afford the average property in the capital, with the gap between London and other major UK cities at its widest in 20 years. Monthly figures show that London property is around 75% more expensive than that in Liverpool and Glasgow. Across the UK's 20 biggest cities, Hometrack said prices have increased by 8.3% since September 2014.

The Guardian (25/09/2015