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Daily Telegraph: "House prices rise to ten times average salary"

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"The cost of an average house in the UK is ten time bigger than the average salary, rising to fourteen times bigger in London, according to the latest figures.

"In all but two regions, house prices are seven or more times the average salary for that area, according to figures released on Tuesday by the Office of National Statistics (ONS) in The House Price Index.

"These figures will fuel claims that it is becoming almost impossible for first-time buyers without access to the 'bank of mum and dad' to get on to the property ladder, unless radical action is taken to curb the rise in house prices."

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