@andrewkingwealth: How much do you need to earn to buy a £450,000 house in London? In this video, I break down the numbers, including: 10% deposit Approximate mortgage required Income needed based on a 4.5x income multiple Estimated monthly mortgage payment Stamp Duty so Legal fees Property survey Potential broker fees The deposit is only one part of the cost of buying a property You need to budget for the full cost of purchasing and owning the home. 1This is for educational and illustrative purposes only and is not financial or mortgage advice. The figures are estimates and actual mort rates, lending criteria, taxes and other costs will vary depending on your circumstances.#moneytok#financeuk#firsttimebuyer#PersonalFinance