Four areas have seen the average house price rise by more than the average salary in the last year
But three London boroughs have seen their average property value drop more than their average salary
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Average service charge bills jumped 11% last year
Service charges have outpaced inflation to become many leaseholders' biggest household bill after the mortgage, says Hamptons.
Service charges have jumped by an average of 8.4% in the last year
'The value of flats where the service charge is disproportionate to the services on offer has come under downward pressure,' says Hamptons.
‘Postcode Price Gap’: Bank encourages buyers to look beyond established prime addresses
Major mortgage lender says 'homebuyers can save up to 47% by looking next door to the UK's priciest postcodes.'
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Seasoned Savills director moves to broker-model agency
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