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Salford named as one of the UK's most affordable cities

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manchestereveningnews.co.uk

Get the latest property market news straight to your inbox Salford is one of the most affordable cities in the UK to buy a property, according to analysis by one of the country's biggest mortgage lenders.

Overall. house prices in cities have surged by 10.3 percent in the last year with the average property now over eight times average earnings, according to the high street bank Halifax.

While the average city house price increased to £287,440, average earnings in these locations increased by only 2.1pc annually, to £35,677. READ MORE: House where human remains were found in jar has been empty 'for years' That means the price-to-earnings ratio has increased in the majority of places in the UK.

Read more on manchestereveningnews.co.uk
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