Aberdeen named cheapest city for single homebuyers in Great Britain
by Mabel Banfield-Nwachi from World news | The Guardian on (#6V7MQ)
Average one- or two-bedroom home is 119,000 in Scottish city, as Liverpool tops list in England and Blaenau Gwent in Wales
Aberdeen in Scotland is the most affordable city for single people to buy a home in Great Britain, analysis of national property data shows, with the average one- or two-bedroom home valued at just under 120,000.
Monthly mortgage payments in the city came in at 510 a month - about 16% of the area's average monthly salary - for such a property valued at 119,350, according to research from the property website Zoopla.
Continue reading...