house costs

Mortgage repayments for first-time buyers surge by two thirds

9th March 2023 Consumer Lending | #house costs

Soaring interest rates and a rise in house prices drove up the cost of a typical first-time buyer’s mortgage repayments by almost two thirds last year, according to the Office for National Statistics (ONS). In the 12 months to December 2022, the typical monthly bill rose by £481 to £1,262, an increase of 61%. The…

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house costs

Mortgage repayments for first-time buyers surge by two thirds

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