Home sweet home for $36,000 a year - 2004-03-11
Families acquiring a typical first home in Sydney face repayments of $36,000 a year, approximately half the average household income.

Mortgage repayments on a loan to buy the median first home in Sydney have reached a record 48 per cent of the average household income - just under $3000 a month, up $570 in the past year.

The figures suggest families with average incomes are being locked out of the property market and highlight the struggle of those seeking a first home.
Read the full story at Sydney Morning Herald

Can four share a mortgage? - 2004-03-11
A few friends and I want to acquire property and let it or renovate it before selling it. We earn about £15,000 a year and have trade skills useful in renovation. Can four people get a mortgage? Should we start a company and get a commercial mortgage? JL, Lancing, W. Sussex.

Ray Boulger at mortgage broker Charcol says: A maximum of four people can legally go on to a property deed and, therefore, get a mortgage together.
Read the full story at This Is Money