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London has 19 of UK’s top 20 ‘risky mortgage’ postcodes (www.standard.co.uk)

submitted 1 year ago by merridew to c/london

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"The only postcode outside of London in the top 20 was Maidenhead, still within the London commuter belt."

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[–] Anticorp@lemmy.ml 1 points 1 year ago

How much more is the mortgage supposed to be above earnings? 4.5x seems almost mandatory these days given the cost of real estate.

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