The average deposit percentage for UK first-time buyers was 21% in 2022, meaning they would have to take out the remaining 79% as a mortgage. ( source )
However, not everyone might be eligible to get a mortgage for this amount. So, the question becomes: how much mortgage can I get on my salary?
The amount of mortgage you can afford depends heavily on your income and...
Utility bills set to cost nearly a third of the average mortgage payment
The latest market analysis by Revolution Brokers has revealed that October’s energy price cap increase will see the average household paying the equivalent of nearly a third of their annual mortgage in energy and water bills.
Revolution Brokers looked at how the cost of our utilities bills has changed since 2019...
