What exactly is social housing? It is much mentioned by the politico's but to my mind is not defined to have any real meaning. Is it the new name for a council House, if so why not say so? Doing a little research I see the average wage is about £25,000 pa. From this the amount of a mortgage available for that amount of salary is £118,500 approx.. I am informed by local estate agents that there has been a return to the old way of only allowing a mortgage against one persons earnings and the repayments must not exceed one weeks income in four.
Where can anyone go and find any sort of house under these conditions?
If any Gransnetter has better information than I have I would be curious to learn it
Water Pollution -“ A National Disgrace”? A case for renationalisation?
Good Morning Good Friday 29th March 2024
Things you find stressful that other people don't notice.