GreatAlbatross@feddit.ukM to United Kingdom@feddit.ukEnglish · 5 months agoFirst-time buyers spending 40% of pay on mortgageswww.bbc.co.ukexternal-linkmessage-square10fedilinkarrow-up152arrow-down10
arrow-up152arrow-down1external-linkFirst-time buyers spending 40% of pay on mortgageswww.bbc.co.ukGreatAlbatross@feddit.ukM to United Kingdom@feddit.ukEnglish · 5 months agomessage-square10fedilink
minus-squaremoistclump@lemmy.worldlinkfedilinkEnglisharrow-up2·5 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.