Interest rate rise may gobble up 40% of first-time buyers' income - The Times
8/3/2022 12:00:00 AM3 years 7 months ago
by Tom Howard
by Tom Howard
New first-time buyers’ monthly mortgage repayments will eat up 40 per cent of their gross income if the Bank of England pushes through a 50 basis-point interest
New first-time buyers monthly mortgage repayments will eat up 40 per cent of their gross income if the Bank of England pushes through a 50 basis-point interest rate rise on Thursday. At present the … [+543 chars]
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