Mortgage payments jump up to £200 a month amid cost of living crisis

Mortgage payments jump up to £200 a month amid cost of living crisis

Cheaper deals are disappearing at a record pace, new figures suggest (Picture: Getty)
Typical repayment costs on two of the UK’s key mortgage types have jumped by around £200 a month in just a year, new data has revealed.
Soaring inflation has forced the Bank of England into a series of interest rate hikes in an effort to cool down spending by businesses and families.
But some fixed-rate mortgage…

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