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Wales least affordable part of Britain for first-time buyers, report says – Grahak Chetna

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Wales least affordable part of Britain for first-time buyers, report says

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Wales is the most difficult part of Great Britain for first-time buyers to get onto the property ladder, according to new data.
A home affordability index report published by Skipton Group building society found six out of the 10 least affordable areas of Britain were in Wales.
The index considers a range of factors including house prices in local areas as well as the average income of potential first-time buyers.
The Welsh government said it understood the difficulties facing first-time buyers and had extended the Help to Buy Wales scheme.
Ceredigion and Powys were found to be the least affordable areas of Wales for first-time buyers.

Courtesy: BBC

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