Home   Dover   News   Article

Dover the cheapest area in the South East for first time buyers says Nationwide Building Society

Dover is the most affordable place for first time property buyers in the South East.

Nationwide Building Society says the the typical house price for this area is 5.5 times earnings.

Dover is cheapest in the region for first time buyers, Pictured: The Maxton and Westbury areas
Dover is cheapest in the region for first time buyers, Pictured: The Maxton and Westbury areas

The region's least affordable area is Oxford with a rate of 9.2 for people trying to get onto the property ladder.

Bromley is best for London with a figure of 6.7.

The most out of reach area in the capital and in the entire country is Kensington and Chelsea, which has a reading of 16.8.

Nationwide measured by the typical first-time buyer house price to earnings ratios in local areas across Britain, using Office for National Statistics data.

The most affordable area for all of Britain is East Ayrshire in Scotland, which has average first-time buyer house prices at 2.3 times typical earnings.

Read more: All the latest news from Bromley

Read more: All the latest news from Dover

Close This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.Learn More