I got love for you if you paid a mortgage in the 80s, the 80s

The Council of Mortgage Lenders has released this chart on the left. It shows that UK mortgage payments as a percentage of income is steadily rising, and now stands at nearly 17%, the highest it’s been since Q3 1992. However, this is still a way away from the peak of over 25% towards the end of the 1980s, just ahead of the property crash and recession. As we’ve noted though, with 2 million fixed rate mortgages refixing at higher levels in coming months, we are likely to see this "pain-o-meter" tick up.


The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested. Past performance is not a guide to future performance.

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