Potential homebuyers underestimate cost of monthly mortgage payments

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Potential homebuyers underestimate cost of monthly mortgage payments | This is Money

6th June 2014, 07:40:AM

Potential homebuyers are underestimating the cost of mortgages and would need to heavily cut back on spending in order to make ends meet, according to research. The average price of a property targeted by first-time buyers is £235,000 while typical household income is £50,674, credit checking website Experian has found. When asked, these homebuyers said […]

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Potential homebuyers underestimate cost of monthly mortgage payments | This is Money

Potential homebuyers underestimate cost of monthly mortgage payments | This is Money

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