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UK mortgages at their most affordable for many years

Nicholas Wallwork

Nicholas Wallwork

Editor-in-Chief
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Mortgages in the UK are at their most affordable for 14 years with payments as a proportion of income 21% lower than in 2007, according to new research. The Halifax Affordability Review, which tracks mortgage affordability for all home buyers in nearly 400 local authority districts across the UK, says that lower house prices and [...]

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