Mortgage vs renting: 19pc vs 52pc of wages

[AtW]

£704 being 52% of gross income vs £612 being 19% of salary.

They're clearly comparing apples with apricots as the numbers don't add up. It's vastly sexed up for the article.

My eldest son is in the middle of buying his first house with his wife and the amount they're going to pay on mortgage isn't much different from their current rent. Mind you the deposit is a little different from the rental one

Dad, is that you?

[AtW]

Have you bought yet AtW?

Nope.

Tactically waiting until house prices crash to more sensible levels (50% off) or I become filthy rich, whichever comes first I win...

[AtW]

When you say just bought, do you mean 1998? Or is it in 'the valleys' or up on 'tut-moor'?

MF has got extensive BTL portfolio in Luton.

[MicrosoftBob]

When you say just bought, do you mean 1998? Or is it in 'the valleys' or up on 'tut-moor'?

What £110k gets round here:

Whitfield Close, Warminster
2 bedroom mobile home for sale in Whitfield Close, Warminster, BA12

To be fair mobile homes can be expensive in sea side areas, where I live they're a lot dearer than the cheap housing locally as mobile homes are bought or let as holiday homes not a US style trailer trash home

[MarillionFan]

Nope.

Tactically waiting until house prices crash to more sensible levels (50% off) or I become filthy rich, whichever comes first I win...

Or neither happens and you land up working for Suity and renting his spare room.

[AtW]

Or neither happens and you land up working for Suity and renting his spare room.

He's got like 8 kids, what kind of mansion he lives in to have spare rooms?

[MicrosoftBob]

MF has got extensive DFS sofa portfolio in Luton.

FTFY