Payments jump for 71% of those remortgaging: LMS – Mo

Payments jump for 71% of those remortgaging: LMS – Mortgage Strategy

Almost three quarters of borrowers who remortgaged in April saw their payments jump compared to what they were previously paying, the latest snapshot from LMS reveals. It found that 71% of remortgage borrowers faced a payment rise, while 22% saw their payments fall. For those borrowers whose costs increased, the

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