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# Study reveals scale of the challenge facing first-time buyers in Lichfield
- URL: https://lichfieldlive.co.uk/study-reveals-scale-of-the-challenge-facing-first-time-buyers-in-lichfield/
- Published: 2022-02-09T10:33:10.000Z
- Updated: 2022-02-09T10:33:20.000Z
- Description: New research says that first time buyers in Lichfield will need to borrow almost four-and-a-half times their annual salary to get onto the property ladder.
- Author: Lichfield Live
- Tags: #wp, #wp-post, #Import 2026-07-22 19:15, News

A new study says that first time buyers in Lichfield will need to borrow almost four-and-a-half times their annual salary to get onto the property ladder.

![House keys](https://storage.ghost.io/c/e3/90/e390c3da-0866-4d2a-8ffe-ca4999d7ce1c/content/images/lichfieldlive-co-uk/wp-content/uploads/2021/04/house-keys-key-the-door-castle-1407562.jpg)

The data from the Office for National Statistics and 2022 property valuations from Zoopla was [analysed by Mojo Mortgages](https://mojomortgages.com/mortgage-income-multiples-the-cost-of-borrowing-in-2022?ref=lichfieldlive.co.uk).

The research showed Lichfield was 37th on a national list of how many multiples of the average salary for a couple would be needed to buy a home in various towns and cities.

A spokesperson said:

> “The research showed that residents earning an average of £34,286 in Lichfield need to borrow 4.28 times their salary to afford a property valued at £345,345 when buying as a couple.  
>  
> “Of course, when buying alone this will be even higher.”  
>  
> Mojo Mortgages spokesperson

The table was topped by Bath where a couple on average salaries would need to borrow 7.5 times their income and provide a 15% deposit on an average property price of more than £528,000.

The other end saw Hull named as the most affordable areas with 2.3 times the average salary required.