We all know that Southend is home to some pricey and luxurious places. According to Zoopla, the average property price in the town is an eye-watering £316,478. However, there are also some more affordable options out there too- especially if you opt for a flat or apartment. We have already looked at the It s important to note that there are many factors that impact the cost of a mortgage and lenders assess affordability on a case by case basis- salary isn’t the only deciding factor. Tom Newcombe, mortgages spokesperson for MoneySuperMarket said: “Affordability depends a lot on a customer’s outgoings as well as income, but in general lenders will hardly ever lend above five times your income- for most people, four and a half times will be the limit.”
We all know that High Wycombe is home to some pricey and luxurious places. According to Zoopla, the average property price in the town is an eye-watering £402,416. However, there are also some more affordable options out there too. We have already looked at the
- now it’s time to look at properties on the other end of the price spectrum in High Wycombe. It s important to note that there are many factors that impact the cost of a mortgage and lenders assess affordability on a case by case basis- salary isn’t the only deciding factor. Tom Newcombe, mortgages spokesperson for MoneySuperMarket said: “Affordability depends a lot on a customer’s outgoings as well as income, but in general lenders will hardly ever lend above five times your income- for most people, four and a half times will be the limit.”
The salary needed to afford the cheapest homes in Burnley (Photo: Zoopla) Have you ever looked at the cheapest homes in the county and wondered what you would have to earn in order to buy them? Luckily, East Lancashire is home to some very affordable properties which are ideal for investors and first time buyers. Right now, the most affordable properties in East Lancashire are located in Burnley. Tom Newcombe, mortgages spokesperson for MoneySuperMarket said there are many factors that impact the cost of mortgage repayments. He explained: “Affordability depends a lot on a customer’s outgoings as well as income, but in general lenders will hardly ever lend above five times your income- for most people, four and a half times will be the limit.”
The salary needed to afford the cheapest homes in Cumbria (Photo: Zoopla) Have you ever looked at the cheapest homes in the county and wondered what you would have to earn in order to buy them? Luckily, Cumbria is home to some very affordable properties which are ideal for investors and first time buyers. Tom Newcombe, mortgages spokesperson for MoneySuperMarket said there are many factors that impact the cost of mortgage repayments. It’s important to note that lenders assess affordability on a case by case basis and salary isn’t the only factor to consider when assessing which properties you can afford.
Luckily for you, there are plenty of affordable houses for sale in Warrington. However, the tricky part about property hunting is figuring out which homes you can afford on your annual salary. We have already looked at the average There are many factors that impact the cost of a mortgage; lenders assess affordability on a case by case basis and salary isn’t the only deciding factor. Tom Newcombe, mortgages spokesperson for MoneySuperMarket said: “Affordability depends a lot on a customer’s outgoings as well as income, but in general lenders will hardly ever lend above five times your income- for most people, four and a half times will be the limit.”