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BBCNEWS Newsnight July 5, 2024 - Vimarsana News

BBCNEWS Newsnight July 5, 2024

as though in some southern areas, and weather warning by the weekend, temperatures could be approaching 30. but not for everybody. for many it would be in the low, mid 20s. this wonderful picture which i showed you earlier on, this cloud scope taken earlier today injersey. thank you very much. that is is the mortage misery time bomb about to explode? new inflation figures and an announcement on interest rates due in the next 48 hours. todayjeremy hunt said giving financial support to mortgage holders could drive inflation higher. we'll talk to economists from the left and right, and ...

BBCNEWS Newsnight June 4, 2024 21:34:00 - Vimarsana News

BBCNEWS Newsnight June 4, 2024 21:34:00

With some mortgages already at 6%. it's estimated that over a million households will be renewing their deals this year, and according to the resolution foundation, the average cost of servicing those debts will go up by nearly £3,000 next year. some are making comparisons between today's mortgage difficulties and those of the late �*80s and early �*90s, although interest rates went up to 14% then and repossessions became frequent. how difficult is all this for the government? who do people blame when they can't afford to get on the housing ladder or afford their monthly repayments? we'll...