Tag Result: cost of living crisis
Nearly 13 million adults now heavily in debt
There were 12.8 million adults that were found to have a heavy debt burden in January this...
Top 10 most read mortgage broker stories this week – 30/06/2023
The mortgage charter and its associated measures to support struggling borrowers dominated...
Savers raid record £4.6bn from banks in May
Households withdrew a net £4.6bn from banks and building societies last month – the hig...
Rising mortgage rates equivalent to 2p income tax hike, Liberal Democrats say
Increasing mortgage rates could lead to a £15bn hit to the economy, equivalent to a 2p in...
Nearly quarter of middle-class parents are supporting children with mortgage payments
Around 23 per cent of middle-class parents are providing their children with help on mortg...
“There is ‘little genius’ in continuing to increase the base rate” – Star Letter 23/06/2023
Each week Mortgage Solutions and its sister title, Specialist Lending Solutions, pick the ...
Over a million at risk of insolvency this year due to rate hikes
Millions of UK households are at risk of insolvency this year as average repayments double...
Lenders will offer 12-month grace period before repossessions – reports
Mortgage lenders have agreed to give borrowers a 12-month break before repossession procee...
Chancellor meets with banks to discuss mortgage support
Chancellor Jeremy Hunt (pictured) has met with the chief executives of major banks today t...
Just over one in 10 think now is a good time to buy property
Only 14 per cent of people think it is a good time to buy a property at the moment, a trad...