In Prime Minister’s Questions Jeremy Corbyn asked: “Will
families earning the Prime Minister’s so-called national living wage be able to
afford one of his discount starter homes?”
Cameron said in response: “When I became Prime Minister, people needed
£30,000 for a deposit on a typical home. Because of the schemes we have
introduced, that is now down to £10,000.” This answer is likely to grate a
little with hopeful first time buyers around the UK, many of whom are having to
save significantly more than £10,000. The Daily Telegraph examines the Prime
Minister’s claims, using a housing calculator which will show whether you are
able to afford a mortgage in your chosen area.
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