This weeks problem case

Ms Wood is a systems analyst living in Manchester. She graduated in 2000 and immediately joined a large utility firm on its accelerated management programme. Her income is £22,000 per annum with no additional bonuses. This will rise as she progresses. Ms Wood wants a mortgage on a £105,000 flat in a redevelopment in Manchester city centre. She has no savings and has accumulated £7,000 of student loan debt.