By Sophie Christie in The Telegraph.
Virtually all first-time buyers in Brighton are being priced out of their own city, with new data revealing that only 2pc of properties in the seaside resort are affordable for new buyers.
While most would assume that London is the least affordable place for first-time buyers, it’s Brighton that takes the dubious title, with average property prices at £352,303 and a minuscule percentage of properties considered affordable.
Bristolians also struggle to get a foot on the property ladder, with only 29pc of properties in the region – carrying an average asking price of £268,070 – affordable for FTBs.
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