Economy, Housing, opinion, Publications, Wage

A home: Dream far behind of the middle class family

A three bedroom house in a country side cost about £180,000. Taking mortgage from a bank at the rate 3.5 per cent for 30 years would be finally £375,000. For this, monthly payment under mortgage would be around £1000 except regular maintained and utility bills. How can a buyer manage, isn’t it a modern slavery? ... Continue reading