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The first house we bought was approx 3x yearly salary of hubby. (Interest rate up to 15%)
Same house now is less than twice my daughters yearly salary. Interest at much much lower rates) Depends where you live I suppose, and if you are prepared to start on the lower rung. Living in the North East does have advantages when it comes to finding a supply of solid affordable housing for first timers. My daughters partner's father has just bought them a little flat in Brighton, tiny bathroom, tiny kitchen, cost more than our 4 bed detached up here ![]() Ridiculous. Last edited by smudgie; 28-07-2017 at 07:31 PM. |
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