GreatAlbatross@feddit.ukM to United Kingdom@feddit.ukEnglish · 4 months agoFirst-time buyers spending 40% of pay on mortgageswww.bbc.co.ukexternal-linkmessage-square11fedilinkarrow-up155arrow-down10
arrow-up155arrow-down1external-linkFirst-time buyers spending 40% of pay on mortgageswww.bbc.co.ukGreatAlbatross@feddit.ukM to United Kingdom@feddit.ukEnglish · 4 months agomessage-square11fedilink
minus-squaremoistclump@lemmy.worldlinkfedilinkEnglisharrow-up2·4 months agoIn Canada we’re supposed to be limited to 42% going to housing costs and that’s how they determine how much mortgage they’ll approve. I think most people are hitting that mark if not finding ways of going over.
In Canada we’re supposed to be limited to 42% going to housing costs and that’s how they determine how much mortgage they’ll approve. I think most people are hitting that mark if not finding ways of going over.