On that matter the Minister said that a £150,000 house was affordable on an income of £26,000. That was the reply she gave. I was just looking it up on a mortgage calculator. After tax it is about 40% of income.
Housing and Planning Bill
Proceeding contribution from
Lord Campbell-Savours
(Labour)
in the House of Lords on Tuesday, 1 March 2016.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Housing and Planning Bill.
Type
Proceeding contribution
Reference
769 c765
Session
2015-16
Chamber / Committee
House of Lords chamber
Librarians' tools
Timestamp
2016-03-02 17:45:11 +0000
URI
http://hansard.intranet.data.parliament.uk/Lords/2016-03-01/16030157000084
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