Hello and welcome back to Mortgage Advisor on FIRE. Weekly Update I’d love to report back on a fantastic week but unfortunately it’s been a little frustrating. We had a plumbing issue with our en-suite bathroom, and these issues tend to come around more often than a new UK PM. This time it was aContinue reading “Part 349: The Heavy Lifting”
Tag Archives: home ownership
A few thoughts on mortgages…
1980 In 1980 the average UK wage was roughly £6,000 p/a. The average UK house price was approximately £23,300. 2022 The average full-time salary in the UK is now £31,000, there or thereabouts. The average house price; £281,000. Wages increased by 416%. Property prices increased by 1,106% Something went wrong. Forty years ago, a personContinue reading “A few thoughts on mortgages…”