Sorry, just noticed you can live on £14000, where is this? in UK?
Herts is considered a fairly affluent area so I'd imagine the prospects don't improve as you travel further north.
There are probably not many people in the U.K. who can now get a mortgage based on their own earnings. Even when income is combined with a partner it's becoming difficult to raise sufficient funds. Some financial experts are forecasting that we will end up with the Japanese solution. In that scenario the great grand children are still paying off the original mortgage 60 years on.
I know in America a lot of people take on two or three jobs in order to survive. We tend not to be too far behind in US trends, so maybe that's what's in store for the good people of the U.K.?
Myles
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