Home affordability in the UK is at its best since 1997, report shows

[Nicholas Wallwork]

Mortgage payments for a new borrower in the second half of 2011 were at their lowest as a proportion of disposable earnings for 14 years, according to new Halifax research. Typical mortgage payments for a new borrower, both first time buyers and home movers, at the long term average loan to value ratio stood at [...]

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[sittingtenantman]

Yes but for some reason most of us don't have any money left when all is said and done