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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. ....
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 ....
Press, government, Bank of England: who do brokers blame for mortgage crisis? ‒ analysis mortgagesolutions.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagesolutions.co.uk Daily Mail and Mail on Sunday newspapers.
Borrowers picking mortgage products 'with view to binning them later' ‒ analysis mortgagesolutions.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagesolutions.co.uk Daily Mail and Mail on Sunday newspapers.
Borrowers in the U.K. will be bracing themselves for further increases in lending costs after official figures Wednesday showed inflation failing to fall as anticipated in May. The Office for National Statistics said inflation, as measured by the consumer price index, held steady at 8.7% in the year to May against expectations for a modest… ....