The Official DOOM: House prices

[Andy2]

I watch Escape to the Country on BBC and am always amazed at some 20 something couple looking to buy their first home together, with a £900K to £1.2m budget. They usually work in Finance mind.

No shortage of very well off people in the UK.

most of the time its not the first home and they have equity from their first home.
Property prices are going mad.
I am looking to buy in west London and the house price for a 3-4 BHK semi have increased by 60-70k in the last 6 months.

[saptastic]

You do wonder even with good incomes how young people can afford houses £750k+ in London
I suppose £150k joint income = £600k or more mortgage.