Red, points taken on both sides here however, The average person...

Red, points taken on both sides here however, The average person on 60k would not be able to borrow 600k, very rare!
And if a leneder did they would want 20% deposit in plus costs, @130k deposit, this would leave a loan ammount of say 470k and repayments of 2300- 2800 per month, i think this is a more likely scenario.

Red, i take it you dont think property is worth investing!