"In 2014, the business secretary of the time, Vince Cable, said he was appalled that some mortgage providers were lending five times a mortgage applicant's income, suggesting a stable level was up to 3.5 times.
But house prices have risen significantly since, outstripping wage rises most of the time."
Framing: mixed ·
First seen: 2026-08-04 ·
Last seen: 2026-08-04 ·
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