How Are Brits Affording £700K Homes on £30K Salaries?

How Are Brits Affording £700K Homes on £30K Salaries? How are ordinary earners on median UK salaries buying £700,000 homes in London and the South East? On paper, UK mortgage rules cap borrowing at roughly 4 to 4.5 times your gross income. That means an individual earning £30,000 to £35,000 per year can typically borrow around £135,000 to £150,000—leaving a staggering £500,000+ shortfall on a £700K property. Yet, thousands of young buyers in their late 20s and early 30s collect the keys to these properties every month. In this video, we break down the real financial mechanisms driving the UK property market: #UKHousingMarket #PersonalFinance #UKProperty #Mortgages #CostOfLiving #ukfinance