Coastal areas of the UK are becoming the least affordable places in the UK to buy a house.
Rising property prices have outpaced average local salaries, causing the largest decline in buyer affordability over the past three years, according to Rightmove.
The biggest hike was in Adur in West Sussex, where the average asking price for a first property was 11.6 times the average local salary, up from 8.7 times before the pandemic.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
