The average home in the UK costs eight times the average salary, a study has shown. The least affordable homes can be found in London, where property is 14 times the average wage. The borough of Kensington and Chelsea have the worst performing ratio, with a property price 46 times the average salary. Copeland in Cumbria has the best ratio in the UK, with property just three times the average annual wage.

Average property in UK is eight times the average wage, new research shows – Property Wire