Liverpudlians are enjoying that Friday feeling thanks to new research showing that their city tops the list of affordable property hotspots. According to Which? Mortgage Advisers, Liverpool has seen the average price of a home soar by 40 per cent in the past five years. But the good news is tempered by the fact that prices in the city are still well below the UK average of £200,000.
[datawrapper chart=”http://static.spectator.co.uk/jkQqd/index.html”]
Conwy in South Wales and Bradford are in second and third place with price rises of 37 per cent and 36 per cent respectively. David Blake from Which? Mortgage Advisers, said: ‘For a first-time buyer or a buy-to-let investor, these up and coming areas can provide an affordable alternative to buying in an already established area.’
Less welcome is a proposal from Policy Exchange. Ahead of the Budget on March 16, the thinktank says that an £800 pollution tax should be put on sales of new diesel cars, with the proceeds used for a scrappage scheme for older diesels.
Sign up to Britain’s best politics newsletter
Evening Blend delivers an in-depth analysis of the day’s political news straight to your inbox, every weeknight.
Last year, a Mauritian politician raised eyebrows in Britain when he told a political rally that ‘England has agreed to pay us a compensation’ to the tune of ‘many billions of rupees’ as part of the deal to hand over the Chagos islands to Mauritius. Still, a billion Mauritian rupees only converts to around £17 million, so
Comments
Join the debate for just $5 for 3 months
Be part of the conversation with other Spectator readers by getting your first three months for $5.
UNLOCK ACCESS Just $5 for 3 monthsAlready a subscriber? Log in