Is Brighton the most unaffordable city for graduates?
‘Yes’ according to job and property search engine Adzuna.co.uk. Their figures suggest that only 0.3% of homes in Brighton are within financial reach for first-time buyers on local entry level incomes.
Belfast and Glasgow are names as the most affordable cities, with up to 30% of homes for sale in these cities are within reach for graduates earning an average salary and qualifying for a typical mortgage. However graduates in full time work looking to rent and flatshare would do particularly well in Middlesbrough and Durham where the cost of renting a two bed property is less than a third of average monthly take home salary.
Flora Lowther, Head of Research at Adzuna, said: “It’s becoming very clear that although unemployment levels are dropping in the UK, companies are keeping a lid on salaries, particularly for entry level jobs. This wage stagnation coupled with house prices in Britain rising in the last year has resulted in tough times for university leavers around the country looking to buy and rent.”
Brixton house wins best newly designed private house prize
Slip House, an urban sanctuary glass house on a terraced street in Brixton (pictured), has won the Royal Institute of British Architects’ (RIBA) prestigious Manser Medal 2013 for the best newly designed private house.
Built on a small patch of land in Brixton, Slip House is made up of three ‘boxes’ which sit on top of one another, creating a studio work space downstairs, living quarters above, and above that a walled roof garden covering the entire footprint of the building.
The judges said: “Slip House demonstrates an admirable commitment to the creation of an exemplary low-energy house, with a suite of sustainable enhancements that are integrated effectively into the building design. However, at no point do the sustainable ambitions of the project crowd out or dominate the refined quality of the spaces that are created. Little wonder then the project was one of Kevin McCloud’s favourite ‘Grand Designs’, one he described as an ‘urban sanctuary’.”
The four other houses shortlisted for the 2013 RIBA Manser Medal were:
* Astley Castle, Warwickshire by Witherford Watson Mann Architects
* Crowbrook, Hertfordshire by Knox Bhavan Architects
* Downley House, Petersfield by Birds Portchmouth Russum Architects
* Rockmount, The Wirral by Shed KM
What’s on your bucket list?
A poll for Post Office Life Insurance about bucket lists shows that while more than half say ‘travelling the world’ is one of their life goals, a down to earth 38% also include ‘buying a house’ on their list. An optimistic 8% want to travel into space.
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