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Not with a hefty deposit. A couple who bought a flat each 10 years ago and are now settling down together are possibly going to have £500-600k of deposit or so. That gives a monthly mortgage of something like £1,800 - £2k a month which is pretty affordable in the grand scheme of a £1m house.
aggi-
Only if they are young enough to get a 25-30 year mortgage.
This place - https://www.rightmove.co.uk/property-for-sale/property-93060317.html
Mediocre house, mediocre location
£1,100,000
SDLT: £53,750
Budget £15k moving costs / furniture whatnot
Assume they sell a flat and have £450,000 after they've paid EA feesStill need to borrow £700,000 - at 1.4% on a 15 year repayment that's £4k a month
Would take a household income of around £170k to achieve it. If they have that, fine, £4k a month is shrug, but then if they have that, they wouldn't buy that property.
Howard
Buying a 1M property with a joint salary of say 160k is going to be a hell of a stretch though, interest rate rise or redundancy and you are hosed. Unless you have a half million pound deposit I guess.