“We can afford £150,000 less than we could two years ago because of the rates going up and because of having a child,” says Michelle Coupar, 36.
Coupar works full time as an account manager and currently rents a one-bedroom flat in Tooting with her partner and one-year-old son. Their rent is £1,700 a month; her monthly childcare costs are more at £1,750. She’s struggling to buy and get a mortgage, despite saving up a healthy £90,000 deposit.
