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The Independent UK
The Independent UK
Simon English

Revealed: How much you need to earn in top UK cities to get on the housing ladder

United Kingdom FCA

The gap between average salaries and the amount needed to secure a mortgage on a first home has been laid bare by new analysis for The Independent.

Figures from Joseph Lane, founder of brokers Mortgage Lane, reveal the salaries needed to buy the average first home across seven major UK cities and show that while scraping together a deposit remains a tough ask for many, it is far from the only problem they face.

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