Interest Rate Boost Starting to Hit Mortgage Repayments

Summary


Nearly one in five homeowners admit they are now struggling to meet their mortgage repayments following recent interest rate rises.

An estimated three million people have come under financial strain since the Bank of England raised the cost of borrowing five times in less than a year.

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Extract


Interest Rate Boost Starting to Hit Mortgage Repayments

Around 11 per cent of homeowners claim they may have to consider selling their property if rates increase furt...

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