PropertyIndex.com




FORUM HOME | Property Search | Overseas Sales | Holiday Rentals | Classified Directory | FREE Buyers Guides | List Your Property | Acceptable Use Policy (AUP)



Welcome Guest Search | Active Topics | Members | Log In | Register

PropertyIndex.com Forums » General UK Buying and Letting » Mortgages » Mortgage servicing costs lowest in 5 years

Mortgage servicing costs lowest in 5 years Options
Previous Topic · Next Topic
DanAronG
Posted: Thursday, May 14, 2009 12:47:02 PM
Rank: Advanced Member

Joined: 11/12/2008
Posts: 90
Location: Cornwall
According to the Council of Mortgage Lenders (CML) the costs of servicing mortgage debt is at it's lowest in 5 years.

Current figures show first time buyers are borrowing on average three times there income and 75% of the value of their homes, with average monthly interest payments equating to 15.1% of their income.

For home movers, the average mortgage loan is £115,000 and interest payments equated to an average of 11.4% of income.

FT Award winning Independent mortgage broker
Back to top
 
Sponsor
Posted: Thursday, May 14, 2009 12:47:02 PM
Back to top
 
Users browsing this topic
Guest

PropertyIndex.com Forums » General UK Buying and Letting » Mortgages » Mortgage servicing costs lowest in 5 years


Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Main Forum RSS : RSS