Saturday, April 21, 2012
An extra Â£4 a week? The world will come to an end!
"Higher mortgage payments are coming for more than a million home owners when lenders impose rate hikes from the start of next month. The worst increases will be felt by Halifax customers, who could typically find themselves paying nearly Â£200 extra a year. The Co-operative Bank, Clydesdale Bank and Yorkshire Bank are also among those raising rates from May 1, blaming the weak economy and the increased cost of funding a mortgage."