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Home-buyers` costs fall

Language: English Series: Financial Times ; 28 October 1993, 12 | Birmingham Post ; 28 October 1993, 2(2)Publication details: 1993Subject(s): Summary: Affordability of houses, as measured by the TSB, is at its best level for many years; mortgages now account for 26% of a first-time buyer`s income compared with 67% in early 1990.

Affordability of houses, as measured by the TSB, is at its best level for many years; mortgages now account for 26% of a first-time buyer`s income compared with 67% in early 1990.