Friday, Nov 10, 2006

Repossessions up 34 percent in Oxfordshire

This is Oxfordshire: Mortgage woe adds to strain

Oxfordshire homeowners have been left counting the cost after the Bank of England hiked interest rates to their highest level in five years.

Posted by bluenail @ 10:47 AM (415 views)
Add Comment
Report Article

1 Comment

1. Cyril said...

the article says that the IR rate rise puts 30 on a mortgage of 150,000.
I thought surely that isn't a typical mortgage? But it is! I've just looked it up. A typical new mortgage is between 130-160,000, but median pay is only 23,000 a year (top 10% earners get 46,000+). Doesn't look good does it?

Friday, November 10, 2006 02:01PM Report Comment
 

Add comment

  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines
Username  
Admin Password
Email Address
Comments

Main Blog | Archive | Add Article | Blog Policies