In UK can you afford a house on one average salary?

November 20, 2008

how much house can i afford
Soleil asked:


I always hear that life is so expensive in UK. And yet I see all these TV shows about people buying a very small house for 250,000 pounds. Is this a real estate scam?

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How can a Young Guy Afford a House?

November 16, 2008

how much house can i afford
mark1_brian2 asked:


I’m 20yrs old going on 21 in June, looking into buying my first house, price topping off at about $225,000 I think….Its going to be a small starter house thus the low price. I work full time and have a steady job. Any suggestions on how much of a good down payment would be? also would I be approved at the bank since I have like no credit in existence? Would it be doable with one person?

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How much can I afford on a New House/Condo? (first time buyer)?

October 13, 2007

how much house can i afford
James G asked:


Hello everyone,

I am really interested in buying a house soon (or a condo if I can’t afford a house). I am not married, I have no dependents, I currently have a 690 FICO score, no debts, first time buyer, and I make 36,000 a year. Also, I don’t have any cash for a down payment.

What kind of loans are available to me? What is the max I can spend? Any suggestions/tips would be greatly appreciated!
Also, I live in Central California if that helps!

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