We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Abbey to offer 5 x salary mortgage

13»

Comments

  • Martinslovechild
    Martinslovechild Posts: 1,560 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    roswell wrote:
    Completely off topic so please excuse me but has anyone got a graph of month by month average house price for the last 18 months ?
    Roswell, there's this downloadable spreadsheet on Nationwide's website which adjusts average house prices for inflation, so giving a more realistic comparison.

    It certainly makes for very interesting reading.

    The graph, at the foot of the figures, certainly shows that we're currently well above trend.
    Mortgage Feb 2001 - £129,000
    Mortgage July 2007 - £0
    Original Mortgage Termination Date - Nov 2018
    Mortgage Interest saved - £63790.60
    ISA Profit since Jan 1st 2015 - 98.2% (updated 1 Dec 2020)
  • Malky
    Malky Posts: 694 Forumite
    That's a turn up for the books with The Abbey. When my wife and I remortgaged after moving up the property ladder in May, we couldn't borrow more than 3.0 x joint. Thankfully we found a house that fell within our reach.
  • CheeseOnToast
    CheeseOnToast Posts: 357 Forumite
    OT

    I hope the prices dont crash, if they do I hope it doesn't happen for at least 2 more years as me and my girlfriend really want to move out of the valleys to put our son in a better school :(
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.9K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture