Index shows improvement in affordability for first-time buyers

New figures show the average first time buyer working couple is now allocating 12.6% of their joint income to mortgage payments.

Index shows improvement in affordability for first-time buyers
Mon, 24 May, 2010 - 12:43

New figures show the average first time buyer working couple is now allocating 12.6% of their joint income to mortgage payments.

That compares to 26% this time three years ago.

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