As interest rates rise, mortgages in these postcodes may be at the highest risk of default

“The only postcode outside of London in the top 20 was Maidenhead, still within the London commuter belt.”

  • SokathHisEyesOpen@lemmy.mlEnglish
    1·
    1 year ago

    How much more is the mortgage supposed to be above earnings? 4.5x seems almost mandatory these days given the cost of real estate.