The average couple buying a first home is paying a slightly lower proportion of their income towards mortgage repayments than at the end of last year.
The latest affordability index from EBS Building Society and DKM Consultants shows that while interest rates have been rising, this has been offset by lower house prices.
By the end of June the average first-time buyer couple was spending 24.6% of their income on mortgage repayments, compared with 26.4% at the end of December.
