Buying a house - First time buyer

Discussion in 'Off-Topic Discussion' started by nFrost, Apr 7, 2014.

  1. Kristen

    Kristen Under gardener

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    "Under the proposal, lenders will not be allowed to lend any more than 15% of residential mortgages at more than 4.5 times a borrower's income"

    How the heck did we get to the point where Bank are, STILL, lending more than 3x salary? Madness.
     
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