Robert Gardner, chief economist at Nationwide, said: “A prospective buyer, earning the average wage and looking to buy the typical first-time buyer property with a 20% deposit, would see monthly mortgage payments account for 43% of their take home pay – assuming a 6% mortgage rate.
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Coronavirus: Some restaurants extend Eat Out to September
admin, , Business, 0
Image copyright Grosvenor Image caption A Pizza Pilgrims restaurant in Belgravia Some restaurants say they will continue to offer...
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Sanjeev Gupta’s firm says it did nothing wrong over Covid loans
admin, , Business, 0
If serious non-compliance were to be found, the BBB added, it was entitled to take remedial action, including the...
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Ministers to meet energy giants over cost of living
admin, , Business, 0
Companies supplying energy are getting much more money for their oil and gas than they were last year, partly...
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Pay: Firms fight back with counteroffers to keep staff
admin, , Business, 0
“While pay is often the most typical focus of a counteroffer, there are other things employers should consider in...
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P&O forced to reverse attempt at pay cut
admin, , Business, 0
National secretary Darren Proctor, who was on the visit, said P&O initially didn’t want to let them on, instead...
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Cisco says computer chip shortage to last six months
admin, , Business, 0
That is why Mr Robbins says: “What we don’t want is to have consolidation where any of the risks...
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UK exports to European Union drop 40% in January
admin, , Business, 0
However, the head of economics at the British Chambers of Commerce, Suren Thiru, said: “The significant slump in UK...
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Elizabeth Holmes testifies she ‘never’ misled investors
admin, , Business, 0
Ms Holmes has accused Mr Balwani, 19 years her senior, of emotional and sexual abuse. She described an intense...
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