BBCNEWS BBC News June 4, 2024 21:12:00
A month — an extra £378 every month, and nearly £23,000 over the mortgage term. so how does the same size mortgage compare to two years ago, when the government brought in a stamp duty holiday? well, the average rate back then was 2.59%, with a monthly payment of £1,133. today, the average rate�*s gone up for the same deal to about 6%, about £1,600 a month — an extra £475 every month, or £11,400 overall. those remortgaging are being urged to take advice to consider all their options. analysts say this is piling pressure on already stretched household budgets. so right now, if you a...