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[Field Marshal Dr. Opti]

paying the mortgage is the easy bit .... rents are probably cheaper than monthly mortgage payments .... it's the 10/15% deposit that's the harder bit. While they're renting, they've probably sod all chance of saving the deposit up.

I was fortunate to obtain a 100% mortgage.....albeit at 16.5%.

That was probably around the time I got my first mortgage .... £22000 

Mortgage rate was 15% at the time. I was charged an extra 1.5% for  the first year.

Deposit money went on a brand new Yamaha FJ1200.

[Doctor Gollum]

£600 will buy me a room in a shared house.

Going rate for a studio in Colnbrook is £145-170k/£610 pm plus deposit and ground rent...

[Field Marshal Dr. Opti]

People of a certain age will tell you that an average house (2-3 bed semi) cost roughly twice what the average man ( builder, baker, candle stick maker) would earn in a single year*

Outside of London and the south east*.

Those days are long gone......unless the average Joe earns roughly £100,000 PA.