Photograph: Nathan Stirk/Getty ImagesPhotograph: Nathan Stirk/Getty ImagesA third of borrowers who have seen their income fall as a result of the pandemic fear they may not be able to remortgage, research has found – but brokers say they shouldn’t just assume they have to move onto their lender’s costly standard variable rate .
Source: Loan Digest (loandigest.net)
They should rent instead, much nicer!!
When inflation hits then interest rates will rise. Good luck if you have a large mortgage.
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