Value of UK mortgage arrears jumps by a third
The value of mortgage arrears jumped by almost 30% as interest rates increase.
Source: bbc.co.uk
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How much more will house prices fall in the UK?
House prices have fallen at the fastest pace in the last 12 months since 2009, the latest Nationwide data shows - but where will they go next?
Source: dailymail.co.uk
How much more will house prices fall in the UK?
House prices have fallen at the fastest pace in the last 12 months since 2009, the latest Nationwide data shows - but where will they go next?
Source: thisismoney.co.uk
Mortgage expert accuses Bank of 'failing the British public with every rate rise' | Personal Finance | Finance
The Bank has already raised its base rate 14 times in a row. The Monetary Policy Committee (MPC) has steadily raised rates from 0.1 percent in December 2021 to 5.25 percent and is expected to vote for another hike in September 21.
Source: express.co.uk
Bank of England reports new record high interest on credit cards
The effective interest rate on credit cards jumped by 34 basis points to a new record high of 20.76% in July, new data from the Bank of England shows.
Source: thisismoney.co.uk