Mortgage for london ?

On March the 20th 2007 the average property price in London hit £326,396
So what's that mean for you ?

Well.. Here is some maths to think about..
Lets say you have a 10% deposit..
£32639.60
You will then need a mortgage at £293,756.40...
Ouch...
So on a normal 25years mortgage at 7% your need to pay £2,100.61 per month!!!

Interest only run in at £1,713.57 a month.. Welcome to london!

Note This websites mortgageforlondon is NOT Authorised and NOT Regulated by the Financial Services Authority (FSA).
The site is to offer up ideas and lists of places we have found to offer mortgages or information regarding mortgage... We do not arrange Mortgages or General Insurances. This site is purely down to one person looking into mortgages in the the London Area for himself and posting what information he find useful to himself ONLY.
All text is written as an opinion.
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Mortgage for london ?

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