Mid-Essex: Wage shock for house seekers - 2004-01-19
People looking to purchase even the smallest property in mid-Essex must earn excess of £25,000.
First-time buyers wanting to buy a one-bedroom flat in Braintree need to be earning almost a quarter of the £110,000 average price to get a 100 per cent mortgage.
A couple looking to buy the same property would need a joint income of about £36,000 for a 100 per cent mortgage and a person on their own about £27,000.
Read the full story at Essex Chronicle