February 28, 2011
Northern Rock's first-time buyer mortgage obscures the real …
While the average salary in the UK is just £26510, the average price of property is still more than six times that at £163177.Until something is done to address this disparity, prospective buyers will remain as tenants. … Sales of the controversial payment protection insurance accounted for more than half of new complaints dealt with by the Financial Ombudsman Complaints about the mis-selling of payment protection insurance (PPI) dominated the work conducted by the …
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Northern Rock's first-time buyer mortgage obscures the real …
Filed under MPPI, UK Insurance by on Feb 28th, 2011. 
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As the UK coalition government plans swingeing cuts and students take to the streets to protest, one mother asks us to remember the ‘Nouveau Pauvre’. Some commentators react unfavourably to her impending ‘austerity Christmas’.
For illustration: £500 per week equates to an annual wage of £26,000. The average salary in the UK is roughly this, depending on whom you believe.