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Couples will 'find it easier to get mortgage'
http://www.themortgageprovideronline.com/articles/424/1/Couples-will-039find-it-easier-to-get-mortgage039/Page1.html
Adfero Journalist

 
By Adfero Journalist
Published on 02/26/2008
 

Couples looking to get onto the property ladder will find it considerably easier than a single person with a single wage, it has been claimed.

Couples will 'find it easier to get mortgage'

couples will find it easier to get mortgageCouples looking to get onto the property ladder will find it considerably easier than a single person with a single wage, it has been claimed.

Financial comparison site Motley Fool has stated that first-time buyer looking for property as a couple will have an easier experience ass well as having considerable more choice in terms of what they can afford.

The group notes that purchasing a property in London requires around ten times the average salary, so a joint venture will make this more of a possibility.

David Kuo, head of personal finance at Motley Fool pointed out that, as well as affordability, it is about finding a property that you particularly want to buy, especially as a couple.

When you combine two salaries together to make it £50,000, and then … go three or four times that salary, then you are looking at something around about £200,000. Suddenly your market just opens up very, very widely," he said.

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