Fixed mortgage

Mortgage repayments consuming 28% of earnings

Research by estate agent comparison site, GetAgent.co.uk, has revealed that the proportion of disposable household income required to cover the average mortgage repayment is at by far its highest in a decade, hitting 27.6% so far in 2022.

GetAgent analysed the average annual cost of a mortgage repayment based on a three year fixed mortgage at a 75% loan to value and what this equates...