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Student debt repayments account for around 45% of Mr Nealis' monthly take-home pay, making it impossible, he says, to save for a deposit.
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As mortgages remain relatively cheap, the CML's figures showed that first-time buyers' repayments typically accounted for 19% of their income, down from 24.8% in December 2007.
We used SME short-term loans or repayments of accounts payables within a year as the dependent variable Y. (1) Data normalization Prior information, regarding what is contained in the sample data (including the training and testing data), has a direct impact on the performance test results of the optimized classifier as well as on the results of the test data.
He emphasised that in his view, incompetence rather than corruption was the reason for the cost blowout, which would reach A$66 million once interest repayments were accounted for.
Net lending on mortgages, which takes into account repayments and redemptions, rose by £1bn in August after falling into negative figures in July when repayments outstripped borrowing for the first time since records began.
The CML's figures are for gross lending during the month and do not take into account repayments.
The figure, which includes remortgages and does not take into account repayments, is the highest June figure for eight years.
Oil companies had $1.6tn of syndicated loans in 2014, although that does not take into account repayments or loans that were never drawn.
Figures for gross mortgage lending, which show the value of loans advanced to borrowers and do not take into account repayments, showed a 1% increase since August 2015, at £12.4bn.
Some of the low rates have encouraged remortgage activity, and net mortgage lending which takes into account repayments and redemptions showed a smaller annual increase than the headline figure, rising by 8.6% to a total of £5.1bn.
The figure includes lending for remortgaging and house purchases by buy-to-let landlords as well as owner-occupiers, and does not take into account repayments as borrowers switch.
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