Growing at a slower rate for the past two months, but inflation remains at nearly 8 , four times higher than the official target. Hannah miller has this report. For father of two peter, sorting out the Family Finances is proving hard. He and his wife bought their first home using the help to buy scheme. But when their mortgage comes up for renewal early next year, theyll have to find an extra £750 a month in repayments. Somehow were supposed to spend less and find £750 extra a month to pay for that. So, you know, for many families, its a terrifying situation. If you have young families like ourselves who have been swayed into the Housing Market by government, whose advertised help to buy as an affordable scheme, right, when things become unaffordable, you cant simply turn around and say, thats your problem. A rise of 0. 25 Percentage Points would take the Bank Of Englands base rate to 5. 25 , the highest since april 2008. For someone with an average Tracker Mortgage of £200,000, tha
today. it makes progress on saturday night coming in from the atlantic, pushing steadily north and east. it will have some heavy rain embedded in it. also strong winds. we could easily see guest of about 60 miles an hour across western parts of wales, the south west and the channel islands. that is stronger gusts than we saw yesterday. the timing and position on this rain could well change. this is what we think at the moment. as we head on into sunday, that pulls a very early doors. a lot of dry weather follows on behind. there will be showers. the wind will be night and we will see more in the way of sunshine. temperatures 14 to 20. still below average for this stage in august. thank you. ate their share. hi! ate their share. , hi! ate their share. a tin moustache hi!