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Tag Archives: income

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income first time buyers

Income requirements for first time mortgages on the rise

Due DiligenceBy SulemanBaigOctober 28, 2020

The income requirements for first time mortgages are on the rise across the UK as lockdown restrictions ease and the housing market reopens.  Research undertaken by Hamptons International and Guardian Money found that in order to afford the average first time buyer property in the UK, borrowers who had managed to save a 15% deposit…

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