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Falling house prices could lift mortgage payments by £2,000 a year   – Mortgage Strategy

A house price slump of 10% next year could push hundreds of thousands of mortgage payers into higher loan-to-value brackets, adding £2,000 to average annual repayments, says a Bank of England blog.   A sharp house price fall could lead to high LTV spreads rise by 100 basis points, which would push around 350,000
Danny Walker Development Office Fergus Cumming Office For National Statistics Financial Conduct Authority Product Sales Database National Statistics

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