Age/Salary /Mortgage?

[Whyohwhymewhy]

I would like to buy a bigger house in a few years time but it would mean getting a bigger mortgage. Got me thinking what is the norm?

I’ll go first
39 years old
£3000 joint salary
£250k mortgage

V similar age and salaries.

Controversial question but, if pensioners get approx a third of the mean wage, then why do they get slated on here so much as receiving way more than they morally should get?

52 single parent
About 6k month net
105k/12 yrs left on mortgage
Was never meant to be forever house but after expensive messy divorce it is

The mean average salary for full-time workers in the UK is £39,966 (Up from £38,131 in 202

That's £2.5k after tax so in a couple it doesn't seem that odd to hit £5k a month

36
£7-10k (I'm self employed)
£280k but sitting on £100k+ equity so will cash out and downsize at some point

Am 45. Joint take home £20k pm (half of that is what I earn) Mortgage £4120 for around £700k but will be paid off in 10 months.

People who are earning around £10k a month (not joint) what jobs are you doing? I’m really surprised at some of the high incomes of some single parents on here. As a single parent myself I can only look on in awe.

@willWillSmithsmith I am self employed (not a single parent though!) Took a massive amount of risk (sold my house and pretty much everything I owned to set up my business. Lived in an awful damp shitty rental. No nights/lunches or coffees out ever, no fun money, no money at all!) Was utterly, utterly bones of my arse skint for around 5 years, but it paid off in the end.

34
Joint monthly income £3700
£212k mortgage left

43/44

tracker mortgage- 8 years left- £117k left

net combined income £5k per month

live in the south east

44, annual salary 55k, 404k left on mortgage

34
150k per year ish
No mortgage -paid off

46 (me) and 50 (DH)
£12k net per month
£600k mortgage

(living in London hence massive mortgage)

Aged 54. Single parent of 3 teens.
£31500 annual salary. Shared ownership property with remaining mortgage of £85k hoping to pay off by the time I retire.

This has been a really interesting thread!

36 & 35
We aren’t married so both pay 45% of our income into a joint account =
(me) £800 & (dp) £1950
282k remaining = £1500pm

36
Joint income £4Kpm
£180k mortgage

Hi Tory government/daily mail
£500,000 house
no mortgage
retired
no pension
no free healthcare
well done
what have you done with my contributions?

37, joint income of 235k per year. Our mortgage is just under £500k. We both invest in our pensions well

37
75k annual income
£500 left on mortgage 😁 finishes Dec

This thread is quite depressing 😂 I thought I was doing fine but now feel very behind.

Off to find a £200k job and buy a £1m house…

39 years old
135 000 annual joint income.
Still trying to save a deposit. (New to country - under 5 years, and nursery fees are wild)

It's nuts isn't it! Such an unfair society. I genuinely think we are okay on 50k between us. Utterly disgusting that a household brings in 250K while others are hungry and cold. Meant to be a civilised society. Nobody needs that much money FFS

38
Joint Income £5500pcm
No mortgage (two properties)

Well done. Why do you need two properties?

Lol with you on this!
also find it very bizarre people are sharing this info. I don’t understand why.