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Take me to the cleaners

Some Statistics To Think About

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Just musing over some figures which you all may find interesting.

FT today indicates average price for a house in August was £190,833, down 0.1% from July.

http://news.ft.com/cms/s/b395f68e-2198-11d...000e2511c8.html

CML statistics show that the median FTB put 87% of the purchase price down with an income multiple of 3.19 (there were 27,840 FTBs in July if I am reading the figures correctly).

http://www.cml.org.uk/servlet/dycon/zt-cml...l_Table-PR2.xls

This means for the median FTB to buy the average house they would have had to produce a deposit of £24,808 and have a £52,000 salary.

Surely this cannot continue for much longer, can it?

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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