These London homes could be yours for just £47,000

Beaufort Park, Colindale is just one of tje places you could bag for less buck (Picture: Metro)

Yes, you read that right. You could actually live luxury in London, for less.

It’s no wonder that so many aspiring buyers are unable to save enough for their first home, as Nationwide has revealed that a ten per cent deposit on an average UK property is around £23,000.

Londoners have to cough up double this sum and, even more soberingly, it would take them nine years to save it, based on putting aside ten per of their average earnings ...