A must-read for international students: How many years does it take to stay in the UK to work and buy a house?

As we all know, apart from jobs, housing prices are also the most stressful thing in China.

#{ 7}

Many migrant workers go without food or drink for decades before they can save enough to buy a house. Money, let alone first-tier cities like Beijing, Shanghai and Guangzhou, one square meter of house price is worth ”social animal”#{ 17}A few months' salary#{ 18}.....

#{ 27}

#{28 }

As more and more More and more international students choose to work in the UK. } "北drift"After words such as "# appeared again {57 }Lunpiao"".

# {57} At present, the difficulty of buying a house in the UK has become an issue of increasing concern to international students. Many international students who plan to study in the UK have questioned their souls about buying a house in the UK:

#{ 79}"#{69 }How many years will it take to buy a house after working in the UK?"#{ 88 }

#{ 2}

“ UK house prices follow Which one is more expensive in China? } #{ 11}

UK "#{ 23}House price to income ratio"The answer is given in the latest information!

# {32}

2023年 On July 7#{ 43}27, the Office for National StatisticsONS The annual house price-to-income ratio data is released to assess the affordability of British house prices from various dimensions.

#{ 60} #{ 164}

Data show that the latest house price-to-income ratio in England is 8.4 times, which means that ordinary people will not be able to live without food. It takes 8.4 annual salary to buy a house.

#{ 188}

#{ 8} In addition, the latest house price-to-income ratio in Wales is 6.4 , Scotland's data is 5.3#{15 }, and Northern Ireland's is 5.1.

#{ 26}

#{ 218}

According to data released by the British Bureau of Statistics:

#{47 }The latest average house price in England is 27.5 million pounds, and the average annual income is # {238}3.3#{ 54} million pounds.

# {66} #{ 254}

#{77 } Latest average house prices in Wales It is 18.5 million pounds, and the average annual income is 2.9#{ 85} million pounds.# {97}#{ 286} #{108 }

The latest average house price in Scotland is 17 million pounds, and the average annual income is 3.22 million pounds.

#{ 322}#{ 24}

The latest average house price in Northern Ireland is 15.1 million pounds, and the average annual income is 2.96#{ 44} million pounds.# {56}

#{ 362}

#{67 }

Now in England , only the cheapest 10% houses are affordable to middle-income families, that is, they can be used5# Household income in {380} years to buy property, the proportion in Wales is 30%, in Northern Ireland and Scotland the proportion is 40%.

#{ 402} #{ 102}

While announcing the overall house price-to-income ratio, the British Bureau of Statistics also released specific data for each region in the UK.

#{ 420}

It can be seen that London is the most difficult area to buy a house in the UK, and the income in London ranks second 10 For % people, they need 37.5#{ 25} years of income to afford a house. Even for those in the top 10% income in London, they would need 5.5 years Only with an income can one afford to buy a house.

# {41}For families with a median income in London, you need to use #{ Only 450}13.9 years of income can afford to buy a house.#{ 46}

#{ 466}

House prices in the UK are still comparable to those in China Accepted, the only thing international students have to do now is”make money”!After all, these problems can all be solved w ith money".

#{ 11}

#{ 505} International student buyers in the UK can consult the consultants of Lansha Real Estate at any time if they encounter any problems during the purchase of UK real estate.