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What the average person needs for a mortgage...

£49,000 annual income.
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KiwiBird · 36-40, F
Whoa....

Makes no sense.

Depends how big the Mortgage is and the interest rate.
Mellowgirl · 31-35, F
@KiwiBird I looked at the cheapest property in the London area.
KiwiBird · 36-40, F
@Mellowgirl Average price in Auckland and Wellington is now between 1.1 and 1.2 million.
OldBrit · 61-69, M
@KiwiBird needs to be considered against UK average salary

The average (read median) salary in the UK is £31,461 per year

That's for people in full time employment
Mellowgirl · 31-35, F
@OldBrit it's laughable really isn't it
KiwiBird · 36-40, F
@OldBrit Current Medium Salary in NZ is NZD$56,160 based on a 40 hour week.