Who wins the prize for the biggest MUMSNET MORTGAGE?

[NotAnOtter]

I am in the process of moving and dp and i are debating borrowing the most hideous amount of money - basically over 5 or 6 times earnings.

Anyone care to share ( feel free to name change!!) what horrors they owe?

Go on - make me feel better!

We've just bought a house for around 6/7 times our combined salary. The repayments however start off at not a lot more than our rent (it's a stepped mortgage)

We can't rent with HA or anything, and private rent is horrendous around here. Ours is considered cheap as we've lived here 3 years and they've only dared put it up £25 a month in that time.