25/04/2024
Mortgage Costs rise again due to the stubborn inflation….
Some Leading banks have started increasing 2 & 5 year Fixed Rates & 60% LTV Mortgages, that are coming to an end this year 😢
Making it tougher on more families to survive. I was speaking to an owner today, paying over £1,000 per month for he’s mortgage just for a 4 bed house.
How do people survive?
What are peoples thoughts?
There will be a wave of Repossessions if it continues 😢
Rob Moore was saying the other day that or less you’re rich you are going to struggle big time & I think he’s right 😢
Here’s the link with the recent figures - https://apple.news/AtdYJhAwvSPqZxKLLmnQPtA
The increases come after forecasts for when the Bank of England will cut interest rates are pushed back.