No rescue package for homeowners
Jeremy Hunt insisted that government support to mortgage holders would simply prolong the “inflationary agony”.
Menu
Jeremy Hunt insisted that government support to mortgage holders would simply prolong the “inflationary agony”.
An increase in mortgage rates expected to cost UK households £9bn over 2023 and 2024, with London and the South East experiencing the sharpest rises.
Mortgage rates are rising and house prices are set to slump by 15 per cent – is the bubble finally bursting?
The UK mortgage market has tightened as confidence in the economy has faltered in recent weeks.
Mortgage rates have been on the rise for months but they took a sharp incline following the government’s explosive budget announcement.
Subscribe to Reaction and receive unlimited access to the site, our daily email with analysis every evening and invites to online events.
© Copyright 2023 Reaction Digital Media Limited – All Rights Reserved. Registered Company in England & Wales – Company Number: 10166531.
