It's worth noting that these days a basic landline only will cost you £20/month from BT.
That's £4/month more than an unlimited calls/SMS/internet mobile phone SIM card. (e.g...
They probably will be able to get a mortgage, just not one with £1,000/month payments.
Currently, that would buy roughly £250,000 of mortgage at a typical 1.5% tracker interest rate (or short-termish fix)
If in a couple of years time rates have increased to perhaps 3.5%, the monthly payment...
£10k in 1992 is equivalent to £21k now.
With a (let's say) 10% deposit paid by BOMAD, that gives a budget of £93k for your flat today. It just about buys a flat - just about...