Mortgage payments for new borrowers are at their lowest as a proportion of disposable earnings for 15 years, a study said today.
Typical payments for both first-time buyers and home movers taking out a new loan stood at 26% of take-home pay in the second quarter of this year, Halifax said.
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Tuesday's weather for the west of the region
Tuesday's weather for the east of the region
Monday evening's weather for the west of the region