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Well since 2009 the Financial services Authority has put a limit of a maximum of 3*earnings as an amount that can be loaned as a mortgage, so on mean London income, the maximum available as a mortgage is  just under £90,000 which will mean you need quite a deposit to get anything.

Any idiot can face a crisis - it's day to day living that wears you out.
by ceebs (ceebs (at) eurotrib (dot) com) on Wed Jun 1st, 2011 at 09:48:54 AM EST
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