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Friday, December 05, 2014

Most unaffordable rents outside London

London boroughs have the monopoly on expensive rents, but when factored against average local earnings,  cities such as Oxford, Brighton and Bath are calculated to be more unaffordable than many of the capitals boroughs.

The most unaffordable area outside London is the Three Rivers area in Hertfordshire. A place where the average rent swallows up more than half of the average income of residents in the area.

The data has been compiled by YouGov on behalf of the National Housing Federation, who clearly have an agenda to get more houses built. Saying that, half your wages going on rent is no place to be. 

Top 20 most unaffordable places to rent outside of London were

Three Rivers, with 54.3% of average wages going on rent, followed by South Bucks, 54.1, Oxford
50.3%, Forest Heath 50.2%, Brighton and Hove 49.5%, Runnymede 48.8%, Cotswolds 47.9%, Welwyn Hatfield 47.5%, Hertsmere 46.3%, Bath and North East Somerset 45.7, Exeter 45.3%, Sevenoaks 44.6%, Purbeck 44.6%, Epsom and Ewell 44.6%, Bracknell Forest 44.4%, Guildford 44.0%, Tandridge 43.9%, Elmbridge 43.6%, Windsor and Maidenhead 43.5%, East Dorset 43.1%.

Discounted landlord insurance rates

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