A Scottish area has been named as the "most affordable" for first-time buyers in the UK, new data has found.
Inverclyde topped the list for affordable local authorities over 2022 in Nationwide Building Society's latest affordability report. Meanwhile, Edinburgh was found to be among the least affordable areas in the UK, taking the 10th spot on the list of expensive areas.
Nationwide calculated affordability for first time buyers by comparing local house prices to earnings, known as a house price to earnings ratio (HPER). Inverclyde has a HPER of 2.6 while Edinburgh's was 6.2.
