Skip to content

Liverpool is the best UK city to save for a deposit

Liverpool is the best city to save for a deposit, where the average house price is just £109,520, compared to average salaries of £23,314.

This means people can save for a 10% deposit in four years and eight months, according to research from Coulters Property.

The second best city to save for a deposit is Stoke-on-Trent, followed by Kingston upon Hull, Bradford and Middlesbrough.

It takes the longest time to save in London, at 24 years and 10 months. In London the average amount required for a 10% deposit is £77,190.

Oxford comes in second place, followed by Cambridge.

Topics

Register for Free

Keep up to date with latest news within the residential and commercial real estate sectors.

Already have an account? Log in