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How much you need to earn in each area of Scotland to buy your first home
09.02.2022 - 19:19 / dailyrecord.co.uk
Have you ever wondered how much you need to be earning to buy your first home?
Getting on the housing ladder for the first time can be difficult for younger generations, with the average house price in Scotland sitting at £183,000, according to the UK House Price Index.
It comes as property expert Kirstie Allsopp provoked anger after claims that young Scots could afford to buy their own home if they gave up a number of 'luxuries'.
The TV presenter said she felt 'enraged' by stories of young people claiming that they are unable to get onto the property ladder due to costing issues.
In an interview with the Sunday Times, the 50-year-old said that a first home could be a possibility if they cancelled their gym membership, Netflix subscription and stopped going on holidays.
It was later revealed that Kirstie bought her first home when she was earning £11,500 a year at the age of 21 - with help from her family.
During this period, the average price of a home in the UK was around £51,000, which is around 4.4 times her annual salary at the time.
The Location, Location, Location presenter was accused of being “out of touch” following her comments.
So, how much do you need to be earning to buy a home in Scotland?
A recent study carried out by Nationwide revealed that East Ayrshire is the most affordable place in the UK to buy your first home.
First-time buyers in the area face just paying under two a half times their annual earnings on that illusive dream home.
The most expensive place to buy a first-time home is Edinburgh, with buyers paying almost six times more than the average annual earnings.
Experts at the building society also broke down the average house prices versus the average annual earnings for every local authority area in
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