Fast- forward 10 years and the average house costs almost three times as much at £181, 122. For two income households, the second salary averaged out at £23, 199 for ftbs; £25, 670 for users looking to re- mortgage. Andrew hagger, spokesman for moneyfacts, said: "the net effect is that mortgage payments make a much bigger chunk of our income that they did in 1996.

Amongst those claiming, three- fifths received less than the full amount of mortgage interest due and remained at risk of possession. The average approval for house purchase rose in march, to £134, 300, some 6% higher than a year earlier. Monthly council tax bills have also increased by 30 per cent to average £105. 66.

Mortgage repayments you may need to borrow all or part of the cost of your share from a building society or bank. Mortgage lending breaks the £1 trillion barrier. Proportion of pay spent on mortgage may become highest since recession. Overall average mortgage amount required was £136, 604, a 67% loan to value ltv. Back in 2003, the average property would have cost £186, 235.

Savills private finance, the mortgage broker, says that in late 2001 the average svr offered by the largest 15 lenders in the uk was 6. 2. Mortgage debt rises as plastic levels fall. Record mortgage lending as consumers begin to pay down their unsecured credit. Scotland, wales and northern ireland saw a marginal drop in average loan amounts of 0. 1%. The major british banking groups mbbg account for some two- thirds of all mortgage lending outstanding and around 70% of gross lending.

First time buyers feb 2005 feb 2004 feb 2003 average property value £195, 008 £174, 474 £162, 022 average mortgage amount £135, 574 £130, 867 £118, 588 average loan to value 70% 75% 73. Insolvency co. Mortgages payments - are you better off than 10 years ago. House purchases - remortgages and further advances are excluded.