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Just to add to this, there’s zero chance you’re getting a 13x mortgage. For a 375k house on a 25k salary you’re going to need something more like 250k to start.
Just to add to this, there’s zero chance you’re getting a 13x mortgage. For a 375k house on a 25k salary you’re going to need something more like 250k to start.
To add to this, the rule of thumb in the UK is your maximum loan is 4.5x your salary.
The average worker could borrow about £157,000.