alt Hacker NewsA friend is making about £180k / yr in London, and they bought a house recently in London. I think that's a lot, and his wife also makes a similar amount, slightly more. That seems to be the minimum, otherwise you're a renter for life. Pretty nuts.
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Outside of Finance that's high for London.
That is an extremely high salary, and very far from the minimum required to buy, even on your own. A dual £350k income is truly astonishing. You could buy most houses in London in cash after saving for 5 years.
Median property price in London is £542k [0]
Assuming a 90% mortgage that's 487k mortgage
That's two people on £70k each at a 3.5 multiple. £60k at a 4x multiple.
Two people on £180k would get you a £1.5m house, twice the average semi.
[0] https://landregistry.data.gov.uk/app/ukhpi/browse?from=2025-...
London property is expensive, but £180k is a lot more than the "minimum". I am on half that, and I managed to buy.