Saturday, April 21, 2012

An extra £4 a week? The world will come to an end!

Millions of homeowners face higher mortgage payments as lenders hike rates

"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 £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."

Posted by mark wadsworth @ 12:31 PM (1346 views)
Please complete the required fields.

One thought on “An extra £4 a week? The world will come to an end!

  • It could be worse. Some families were cold called by their building societies and invited to fix their payments at 5% a couple of years back. These fixes (at around £1200 a throw) are unlikely to show any benefit unless rates suddenly jump up – most unlikeley with the govenment & BoE doing their best to keep rates as low as possible.

    Please complete the required fields.

Add a comment

  • 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
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>