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…