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.
More top news
Wednesday night's weather for the east of the region
Wednesday night's weather for the west of the region
It'll be alright on the night! Piece to camera filming gets photo-bombed by excitable solstice visitors