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13/04/2007
Public workers can't afford houses in the UK
Key public sector workers, such as teachers, nurses and police, cannot afford to buy a house in 70 per cent of Britain's towns, according to a Halifax survey.
The problem is greatest in London and South-East England, as the results show there has been a dramatic increase in the number of out-priced properties, up from 65 per cent last year and only 36 per cent in 2002.
Tim Crawford, group economist at Halifax, said: "Housing affordability continues to deteriorate for key workers across Great Britain and it is now clearly not a problem confined to the south of England.
"Nurses face the most difficulties climbing onto the housing ladder but all key worker occupations are likely to struggle to purchase a house apart from in Scotland."
Britain's ten most expensive towns are all located in the south-east, with Gerrards Cross, Weybridge and Sevenoaks all in the top five.
(CD/JM)
The problem is greatest in London and South-East England, as the results show there has been a dramatic increase in the number of out-priced properties, up from 65 per cent last year and only 36 per cent in 2002.
Tim Crawford, group economist at Halifax, said: "Housing affordability continues to deteriorate for key workers across Great Britain and it is now clearly not a problem confined to the south of England.
"Nurses face the most difficulties climbing onto the housing ladder but all key worker occupations are likely to struggle to purchase a house apart from in Scotland."
Britain's ten most expensive towns are all located in the south-east, with Gerrards Cross, Weybridge and Sevenoaks all in the top five.
(CD/JM)
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