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Family forced to sell home after mortgage payments increased from £295 to £1,511 - Vimarsana News

Family forced to sell home after mortgage payments increased from £295 to £1,511

The Bank of England base rate rise has left a couple who sometimes 'don't have £10 spare,' in financial distress due to rising mortgage prices.

Mortgage warning over blip and 'admin error' that can reject your application | Personal Finance | Finance - Vimarsana News

Mortgage warning over blip and 'admin error' that can reject your application | Personal Finance | Finance

Borrowers are being locked out of the mainstream mortgage market, simply because they have minor adverse credit of a few hundred pounds.

Mortgage warning as 'worse could be yet to come' for homeowners ahead of rate rise | Personal Finance | Finance - Vimarsana News

Mortgage warning as 'worse could be yet to come' for homeowners ahead of rate rise | Personal Finance | Finance

Mortgage repayments have risen substantially over the past year in the wake of the Bank of England's series of interest rate hikes.

Mortgage warning as average five-year fixed deal sits above 6% - Vimarsana News

Mortgage warning as average five-year fixed deal sits above 6%

Mortgage rates have been slowly rising following base rate rises since May as the Bank of England attempt to bring inflation down to their two percent target.

Mortgage warning as single mum still 'caught in hole' as repayment holiday 'not enough' | Personal Finance | Finance - Vimarsana News

Mortgage warning as single mum still 'caught in hole' as repayment holiday 'not enough' | Personal Finance | Finance

Despite the extra help announced, Joanne is still not sure what she can do as her mortgage payments have gone up by £500 every month.