Interest rates to rise again: Borrowers fear mortgage will be ‘unaffordable’
A large proportion of borrowers have admitted they will struggle to make mortgage repayments if interest rates rise further – ...
Tag: cost of living crisis
House price growth doubles in July – but it’s not the true story
House price growth doubled in July in the highest leap the UK has seen since May 2003 – so why, ...
House prices: The average home now just shy of £300k
House prices increased by a ‘relatively modest’ 0.4% in the month of August despite the rising cost of living creating ...
Rate rises on unsecured loans add £900 to homeowners’ debt
Interest rate hikes are not only impacting homeowners’ mortgages they are also adding a huge burden to the cost of ...
Switching mortgage deals: Why it won’t pay to delay
Borrowers who have been urged to switch mortgage deals to save money amid the cost-of-living crisis should do soon because ...
Interest rates raised to 1.75%: What this means for your mortgage
Interest rates were raised to 1.75% this morning as the Bank of England (BoE) made its sixth increase in a ...
House prices still rising despite cost-of-living squeeze
House prices increased for the twelfth consecutive month in a row despite the cost-of-living crisis putting huge pressure on household ...
Mortgage affordability test scrapped – how will it impact borrowers?
One of the calculations used by lenders to assess whether a potential borrowers can afford a mortgage has been scrapped ...
House prices hit another record high in June, says Halifax
The price of the average home in the UK has nearly hit £300,000 following growth over the last year of ...
Equity release rates top 5% as lifetime mortgage options widen
The cost of releasing equity has hit a six-year high with interest rates on lifetime mortgage products exceeding 5%, new ...
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