Search results

You can’t really put circumstances aside though - 50-60k for a 25 year old still living with their parents is great, but for a single-income family with a couple of kids, big mortgage or rent, car and say a 5kpa season ticket for their London commute which is very common in the SE things are...

The stats were a generalisation…..also don’t need a big holiday or 2k mortgage but I can tell you for certain the numbers leading to the stat are very common.

Agree with you but that’s nothing to do with the stats……..they look about right don’t they ? Schooling would be c£50k alone, couple of holidays another £10k+, and with a mortgage of say £25k pa that’s £85k of your £115k net salary gone, leaving you £30k for the rest - easily swallowed up on...

That's just a UHNW definition for the purposes of mortgage regulation though isn't it ? (in turn meaning some of the usual criteria can be ignored when considering applications). Most banks and WMs have their own UHNW (vs HNW and affluent) definitions.

Me ? Not rich, and the only work I do now is unpaid :lolol:

…….even if was only a single rather than a return :down:

Poss in Zambia, Sudan etc.….. https://www.marysmeals.org/what-we-do/where-we-work

They are all ‘working from home’, not necessarily rich.

This......got loads of early-retired pals living off savings, investment income and redundancy payments who have no income as such. Some are what most of us consider loaded.