Chris in the Telegraph talking about first time buyer affordability
https://www.telegraph.co.uk/news/2025/09/10/tube-drivers-striking-because-cannot-buy-london-72k-salary/
Chris Sykes, of brokerage MSP Financial Solutions, said a buyer on this salary could potentially afford a £480,000 house – meaning they could buy in several locations from Fulham to Finsbury Park.
Mr Sykes said he could get one of his current clients – a single first-time buyer earning £68,000 – a mortgage of £408,000. “This means she can definitely buy a flat in London,” he added.