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by samwillis
1261 days ago
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That's more or less where my thinking comes from, I'm in the UK and most people fix for 2-5 years at a time. Interest rates will come down again so the effect of them being a barrier will reduce. But the fundamental problem for most people here in the UK is getting a 10-20% deposit together when the average house price is £296k, average salary is about £27k, and average household income is £31k. |
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