Male mortgage affordability has been 72% of the average house price, 15% higher than women at 57% over the last ten years, illustrating the pay gap between the sexes in the UK.
The latest research from online estate agent eMoov.co.uk looked at the pay gap between men and women and how that affected the size of mortgage they could borrow as a percentage of the average house price over the decade.
The gap between male and female affordability peaked at 17% in 2009 with the male salary rising to a 79% share of a mortgage on the average house price, to just 62% for women, with the higher threshold of affordability largely due to the market crash.
“Lenders are interested in the numbers of income, outgoings and the individuals risk profile in reaching a decision on affordability. As the pay gap in society decreases then it should hopefully level the playing field for homebuyers of all genders,” he added