Mortgage payments as percentage of income

Family Mortgages & Gifted Deposits

Family Mortgages & Gifted Deposits House prices in the UK have risen sharply over the last 20 years, no great surprise there. Wages have grown less sharply. In the same 20 year period mortgage payments have risen from 20% of take-home pay to 35% of take-home pay. In London, this reaches 64%. These two graphs
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