Wednesday, Aug 09, 2006

My goodness - FTBs earn a lot

thisismoney.co.uk: £30,000 income for first home

Figures released by the Council of Mortgage Lenders show that 39,500 first-time borrowers took out a loan for their new home during June - 14% more than in the previous month and 3,500 (10%) more than a year ago. However, single new homeowners are being priced out of the market due to the need to earn more than £50,000 in London and almost £30,000 elsewhere.

Posted by uncle chris @ 02:10 PM (124 views) Add Comment

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