When exactly the mortgage nightmare will end
Homeowners will be forced to stomach high mortgage repayments for at least another two years, analysts predicted as the Bank of England increased rates for the 14th time in a row.
Source: yahoo.com
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Second feature: Rise of borrowers with credit blips – Mortgage Strategy
Mortgage brokers are receiving more applications from customers who have experienced credit problems, as the cost-of-living crisis, much higher interest rates and the financial disruption during Covid start to take their toll. “We’ve already seen an increase in the number of borrowers with missed payments and credit
Source: mortgagestrategy.co.uk
Bank of England mulls interest rate 'jumbo hike' to stop wage-price spiral
With inflation stuck at 8.7%, economists said a jump straight to 5% interest rates might be needed
Source: standard.co.uk
Land Registry April HPI: "A house price crash seems inevitable at this point" - reaction from property experts
Following the Land Registry April House Price Index published this morning, property experts have been sharing their reaction to the news and also what the
Source: ifamagazine.com