The Average Salary For Those Buying Homes In London Has Been Revealed

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  • All we can say is FML

    So you have your interiors Pinterest board, you spend most of your day on Rightmove and you’re sick of living in your childhood bedroom – but good luck moving out and buying your own place any time soon.

    Because according to figures compiled by the Office for National Statistics, you’ll need to be earning £104,000 a year in order to make your property dream come true.

    The sky-high figure is what the average London home buyer earns, apparently – so we’re pretty much going to live in our childhood bedroom forever.

    Source: giphy

    The previous record for earnings – which was only earlier this year – was a whopping £98,000.

    With costs rising that quickly, it’ll be hard for any of us who aren’t multi-milllionaires to have a chance.

    The stats also showed that buyers in the capital now typically borrow an average of £340,000 pounds, which sounds like a right laugh to pay back.

    The average UK salary is currently £27,645 while in Kensington and Chelsea it’s £94,416 – let’s just all move there and everything will be fine?

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