Does inflation falling mean mortgage rates will go down?
One of the biggest impacts of rising inflation has been increased mortgage rates, so many homeowners will be asking whether they will now get some respite.
Source: dailymail.co.uk
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First-time buyers' monthly mortgage payments jump £282 in a year
Average mortgage payment on a typical first-time buyer type property has reached £1,253 a month, up from £971 a month a year ago.
Source: dailymail.co.uk
First time buyers are paying £2,400 more annually for a mortgage
Mortgage costs for a new homeowner with a 15% deposit mortgage are now £1,056 per month, compared with £865 a year ago.
Source: dailymail.co.uk