Hemel Hempstead is second most expensive place in UK to own a home

Hemel Hempstead has been named as one of the LEAST affordable places to live in the UK, new research reveals.

According to comparethemarket, the town is the second most expensive place to be a homeowner, with residents having to fork out £4,926.07 on average this year.

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The 2019 Homeowners Index was based on council tax, utility bills, and home insurance from 80 of the UK’s most populated towns and cities.

In comparison, residents in the affluent London district of Kensington & Chelsea pay just £2,922.13 on average in household bills.

Derby is the MOST affordable place to live with homeowners there spending around £2,868.81.

You can see the full list of locations and their costs by clicking here