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 (483 views)
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