The devastating impact of rising mortgage repayments on mental health
As many as 1.3 million people with mental health problems have cut back on food and other essentials in a ...
Tag: interest rate rise
Wage rises set to drive interest rates up another 0.25%
Expectations of another 0.25% interest rate rise next week have increased after new data revealed wages were continuing to rise ...
Demand for interest-only mortgages spike as borrowers face rate hikes
There has been a ‘notable spike’ in demand for interest-only mortgages in July as borrowers struggling with repayment hikes look ...
Base rate raised to 5.25%: Blow for borrowers
The Bank of England has raised the base rate to 5.25%, piling on the pressure for mortgage borrowers.
Interest rate hikes: More borrowers will be paying mortgages in retirement
Four times as many people have taken out mortgages they will still be paying off in their 70s as borrowers ...
Why the low-rate mortgage is the new battleground in divorce
Soaring interest rates are having an impact in many areas of family life and society – but it’s also creating ...
Inflation stays at 8.7%: Advice to homeowners ahead of interest rate hike
Interest rates could rise by as much as 0.5% tomorrow after inflation figures showed no improvement to the high cost ...
Mortgage borrowing hits record low and house prices dip again
Soaring living costs and high interest rates have pushed mortgage borrowing to its lowest level on record.
Rising mortgage repayments: Five ways to cushion the financial blow
A mortgage broker has issued guidance to borrowers on how they can lessen the financial impact of higher repayments if ...
Interest rates raised to 4.25%: How should homeowners handle the hike?
The Bank of England increased interest rates by 0.25% to 4.25% this morning at it continues to tackle rising inflation.
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