What % Mortgage to Income

tomstickland

As to acceptable percentages, I'd say
<20% easy life
20-30% normal sort of range
30-40% bit high
40-50 high
+50% risky

Of course it depends on total cost of living, so maybe total monthly spend over monthly net income is what matters.

fivepound

Ok, thx everyone for the posts, we were considering spending 43% of our joint net income on a new mortgage but the buyer we had for ours has suddenly "found" a cottage he wants to buy insead and pulled out. So, maybe it's fate!