• BeardedGingerWonder@feddit.uk
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    6 months ago

    Just to add to this, there’s zero chance you’re getting a 13x mortgage. For a 375k house on a 25k salary you’re going to need something more like 250k to start.

    • astreus
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      6 months ago

      To add to this, the rule of thumb in the UK is your maximum loan is 4.5x your salary.

      The average worker could borrow about £157,000.