I am a plastic surgeon on £113000 a year
2006-12-03 06:06:00 · 8 answers · asked by Anonymous in Social Science ➔ Economics
dont think thats enough they give you a mortgage on 3.5 times the ammount of you annual wages
2006-12-03 06:15:09 · answer #1 · answered by yahooisawastofspaceremoveme 3 · 0⤊ 0⤋
Copied & pasted from the BBC
Mortgage
Well if you are looking for a mortgage for a £1 million property, you really need to be on a footballer's wage!
The average price per month is around £4,300 at 4% interest and repaying over 25 years. The total repayment would be around £1,290,000.
We worked out that you should be earning around £250,000 per year!
2006-12-03 06:10:49 · answer #2 · answered by ? 6 · 0⤊ 0⤋
The salary/remuneration for a particular job is the market value for a particular profession and designation at the city/town where the office is located. Job postings at websites like Monster, Yahoo HotJobs and Careerbuilder carry information about salaries. The Govt Dept of Labor, (www.bls.gov) Bureau of statistics has information about median salaries for different professions and details of additional compensation offered. Other online resources are salary.com and payscale. Your salary will also depend on your educational qualification and how you handle your career. More details and links to relevant websites available at http://tinyurl.com/rndxq
2006-12-03 11:02:47 · answer #3 · answered by Anonymous · 0⤊ 0⤋
A tad more than that, the most a morgage company would advance you would be about five times your salary. If you can put down a huge deposit or some kind assurance then maybe..... Get your wages up to the 250,000 mark matey..
2006-12-03 06:15:01 · answer #4 · answered by ? 3 · 0⤊ 0⤋
A rule of thumb to be financially independent is to never purchase a home worth more than 2 years of your salary !
2006-12-03 13:24:58 · answer #5 · answered by Kitty 6 · 0⤊ 0⤋
depends on your deposit, with no deposit you could probably get a house of that price if you were earning around £200k. If its any consolation I earn only 13,000 a year
2006-12-03 06:42:38 · answer #6 · answered by Anonymous · 0⤊ 0⤋
I would think at least 200000 and thats if you have a good deposit to put down.
2006-12-03 06:17:12 · answer #7 · answered by Tara 4 · 0⤊ 0⤋
a big salary!!!!!
2006-12-03 06:17:17 · answer #8 · answered by super load 1 · 0⤊ 0⤋