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Money Box — Rising Mortgage Costs and Young People's Finances
Not scored yet24m·2023-07-22·Business

Rising Mortgage Costs and Young People's Finances

Money Box

Rising interest rates are putting pressure on those homeowners with variable mortgages, or with fixed terms due to end this year. The Chancellor Jeremy Hunt has met with the big banks to discuss the forbearance options lenders can offer to customers in difficulty. We discuss the long term financial implications of…

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