House price inflation continues to outweigh earnings as mortgage repayments take up half of average pay: Moneyfacts

By: ameer@trustedteam.com

Monthly mortgage repayments have become the toughest burden since the 2008 financial crisis for the average earner, Moneyfacts reveals. Moneyfacts says that an average earner’s monthly mortgage payment is now close to half of their gross salary. The average house price was £78,000 in 2000,…

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