Welcome to today's daily mortgage comparison! Giving you mortgage comparisons from two of the biggest cities in the UK!
Now here we have the UK, city of London!,
London is the capital city of England and the United Kingdom, the largest metropolitan area in the United Kingdom and the largest urban zone in the European Union by most measures. London has been a major settlement for two millennia, its history going back to its founding by the Romans, who called it Londinium. London's ancient core, the City of London, largely retains its square-mile mediaeval boundaries. Since at least the 17th century, the name London has also referred to the metropolis developed around this core. The bulk of this conurbation forms the London region and the Greater London administrative area, governed by the elected Mayor of London and the London Assembly.
Average House Price: £250,000
Average Mortgage: £260,000
And here we have the UK, the city of Birmingham!
Birmingham is a city and metropolitan borough in the West Midlands county of England. It is the most populous British city outside London, with a population of 1,028,701 (2009 estimate), and lies at the heart of the West Midlands conurbation, the United Kingdom's second most populous urban area with a population of 2,284,093 (2001 census). Birmingham's metropolitan area, which includes surrounding towns to which it is closely tied through commuting, is also the United Kingdom's second most populous with a population of 3,683,000.Because of this Birmingham is known both nationally and internationally as the UK's Second City.
Average House Price: £230,000
Average Mortgage: £240,000
So theres the facts guys, London is more expensive but its right at the heart of the UK, where would you rather live? ;D