Percentage of income, for the average
monthly cost of repaying a new mortgage
27.2%
If mortgage terms
are fixed at 6%
30%
17.7%
Average repayment
25
20
15
10
5
0
1975
1980
1990
2000
2010
June
2022
Mortgage repayments are set to swallow up a bigger chunk of people's incomes
Percentage of income, for the average monthly cost of repaying a new mortgage
30%
27.2%
If mortgage terms
are fixed at 6%
25
17.7%
Average repayment
20
15
10
5
0
1990
1975
1980
1985
1995
2000
2005
2010
2015
June 2022