Waltham Forest is one of the hardest places in the country to get on the housing ladder, according to a new study.

A first-time buyer review by Halifax found the borough is the seventh-least affordable place in the UK for first-time buyers.

The bank’s study found in 2017, the average house price in Waltham Forest was 10.8 times the average yearly earnings for someone living in the area.

London borough’s dominated the list of least affordable locations for first-time buyers, with the average deposit in the capital now standing at £112,604.

Brent was deemed to be the least affordable place to get on the housing ladder in the UK, where the average home was 12.9 times the average yearly salary.

The study 359,000 first-time buyers secured homes across the UK in 2017, the highest annual figure for a decade.

But, the average age of a first-time buyer in 2017 was 31, two years older than a decade ago.

Russell Galley, managing director of Halifax said: "A flow of new buyers into home ownership is vital for the overall wellbeing of the UK housing market.

"This 10-year high in the number of first-time buyers shows continued healthy movement in this key area despite a shortage of homes and the ongoing challenge of saving enough of a deposit."