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by jen20
1555 days ago
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A household (not individual) income of £100000 is sufficient to be well inside the top 10% by income. Using the standard ratio of 4.5 times income for a mortgage means that you are capped at houses costing around 560k, assuming you have 20% to put down. The following search for 3 bedroom houses [1] provides either flats, maisonettes and a few houses in areas with poor transport links, and many of these are still over budget. [1]: https://www.rightmove.co.uk/property-for-sale/find.html?sear... |
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I agree with your general point that housing is too expensive! I'm just curious.