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Re: Interest rate rise
Quote:
Originally Posted by entwisi
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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...not a great deal for sale in Hyndurn for sixty grand, and in other parts of the country it might buy you a garage.
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'If you're going to be a Kant, be the very best Kant there is my son.'
Johann Georg Kant, father of Immanuel Kant, philosopher.
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