Mortgage panic is deepening as families fear that they will default on soaring repayments and lose their homes amid warnings of a 15 or even 20 per cent fall in house prices.
Nationwide became the flender to hike its fixed-rate deals yesterday, with the bank s two-year rate rising to 5.59 per cent - more than double the 2.54 per cent it was offering three months ago.
Martin Lewis issues mortgage advice as lenders pull deals nottinghampost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nottinghampost.com Daily Mail and Mail on Sunday newspapers.
Mortgage panic is deepening as families fear that they will default on soaring repayments and lose their home amid warnings of 15 per cent fall in house prices as lenders pull 1,000 deals in a day.