000			01042cam a2200181 4500
001			WB3524-41
008			000000n1999 000 0 eng u
035			_a(Sirsi) u101991
245			_aHouse-buying takes off.
260			_c1999
490			_aGuardian _v19 June 1999, 22 & 3:14(2)
520			_aThe Council of Mortgage Lenders predicts that renewed optimism about the economy and the lowest borrowing rates for 30 years will give 1999 the highest number of house purchases since the 1980s property boom. In 1Q 1999 238,000 people took out a mortgage, up 12,000 on the same time last year. Figures from FPD Savills also show that homes are more affordable, despite some steep price rises. Due to rising salaries and falling interest rates, homebuyers are only spending 16% of their disposable income on property on average. The long term average is 25%, and it was 40% during the 1980s boom. Charts.
650			_aCOUNCIL OF MORTGAGE LENDERS
650			_aHOUSING MARKET
650			_aHOUSE PRICES
690			_aHOUSING
942			_n0
999			_c61084 _d61084