Property News in the UK

UK property news and links to various property websites. mortgage news, house price news, interesting properties for sale.

Friday, July 21, 2006

Homeloans misery looms

The number of people struggling to pay their mortgage would hit the highest level for 15 years if a potential rise in interest rates arrives.

A report released today by lender Cheltenham and Gloucester said that a 0.25% rise in the Bank of England base rate would stretch housing affordability to its furthest point since 1991.

More from this story >>>


Post a Comment

<< Home

Free Counters
Site Counter