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Old 12-01-2007, 09:30   #9
entwisi
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Re: Interest rate rise

but is this a case of people's lives changing. It always used to be you bought a house when you got married/decided to live together so there would be 2 wages coming in. As such they could afford a bit more. (IIRC it used to be 3x 1st + 2nd OR 2.5X combined. Given two 'new' nurses you could get over £50K mortgage so with a deposit your into £60K+)
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