Rishi Sunak said he was “incredibly sympathetic” to those facing increase mortgage payments due to high interest rates Rishi Sunak told a man facing a £1,300 increase in mortgage payments due to high interest rates that the average increase was only £200., Mr Sunak took a question from a man called Jack from Guildford, Surrey.
Mr Sunak said he was “incredibly sympathetic” to those facing increased mortgage payments due to high interest rates and that the government was taking “practical action” to help. The caller responded that he was moving from a 35-year to a 37-year term, and was still facing a £1,300 increase in payments.
Source: Loan Digest (loandigest.net)
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