UK house prices are becoming increasingly affordable, especially for those who can stump up a substantial deposit. Research from Halifax shows an improving trend over the past 18 months, in terms of the proportion of earnings spent on mortgage payments. For new borrowers with 30% to put down, the proportion has fallen from a peak of 48% [...]

More: Affordability blossoms for those with a 30% deposit

It's always the same story I think in the mortgage market, as long as you have a significant deposit, you can generally get a deal at a decent rate. The problem arises when individuals push the LTV rates to an unmanageable level.