Summary
FIRST-TIME buyers are spending more than a third of their take- home pay on their mortgage, official figures revealed yesterday.
In a deeply worrying sign, it is the highest level since the last property crash in 1991.See the full content of this document
Extract
Young Spend 35pc of Take-Home Pay On the Mortgage
Financial advisers warned that massive mortgages are 'a disaster waiting to happen'.
The figures reveal the crippling financial pressure on ...See the full content of this document
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