Looking at the HSBC Mortgage calculator, I could get a five year fixed at 1.51%, and given what I assume my flat would sell for, and keeping back some cash for the stamp duty (fuck-O-rama is all I'll say on that), and also keeping to (literally just) under the 70% LTV my mortgage payment would be 36% of my take home salary. Does that strike people as unusually high?
(My current mortgage is £250/month, which I suspect is unusually low).
Looking at the HSBC Mortgage calculator, I could get a five year fixed at 1.51%, and given what I assume my flat would sell for, and keeping back some cash for the stamp duty (fuck-O-rama is all I'll say on that), and also keeping to (literally just) under the 70% LTV my mortgage payment would be 36% of my take home salary. Does that strike people as unusually high?
(My current mortgage is £250/month, which I suspect is unusually low).