NewsBot
18-May-23, 07:50
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
Mortgage Lenders Are Relaxing Their Rules - Here's Why That Could Be Risky For Borrowers
https://caithness-business.co.uk/image_cache/na20225_tn.jpg
The Bank of England increased its base rate yet again in May 2023 to 4.5%, pushing borrowing costs to the highest level in almost 15 years. More than 6 million UK households will now see their mortgage payments increase by the end of 2025, with more than 4 million experiencing this in 2023. [Read Full Article (https://caithness-business.co.uk/article/20225)]
Mortgage Lenders Are Relaxing Their Rules - Here's Why That Could Be Risky For Borrowers
https://caithness-business.co.uk/image_cache/na20225_tn.jpg
The Bank of England increased its base rate yet again in May 2023 to 4.5%, pushing borrowing costs to the highest level in almost 15 years. More than 6 million UK households will now see their mortgage payments increase by the end of 2025, with more than 4 million experiencing this in 2023. [Read Full Article (https://caithness-business.co.uk/article/20225)]